Showing 1 - 10 of 11,084
Management scholars have sought to answer the question: is there a financial payoff for ad-dressing ecological and social issues? We move beyond this question and include a time com-ponent for corporate financial performance (CFP) and a firm’s innovativeness in order to ask: when does it pay?...
Persistent link: https://www.econbiz.de/10011383084
Private investors are an increasingly important voice in sustainability challenges. We examine investors' attitudes and …
Persistent link: https://www.econbiz.de/10014389018
Reporting to Sustainability Reporting, impose to pay attention to new criteria and contents, also in order to distinguish … Sustainability, like the institutional ones (MDG, SDG, BES) and one of the most widespread standard of non financial reporting … SDGs, to implement coherent public and enterprise's policies and to produce realistic sustainability reports. The …
Persistent link: https://www.econbiz.de/10014391219
institution (the “sustainability footprint”) and examine the relation between sustainability footprints and risk …-adjusted investment performance. The analysis shows that 13F institutions with better sustainability footprints outperform. The positive … effect of sustainability footprints on the risk-adjusted performance of 13F institutions' equity portfolios is concentrated …
Persistent link: https://www.econbiz.de/10011626640
Passion - in the sense of fervent commitment to action - and compassion - understood as sensitive openness for social and ecological concerns - are not a sure formula for business success. Whether social or ecological entrepreneurs, who find themselves under pressure from market competition,...
Persistent link: https://www.econbiz.de/10011784179
We investigate the relationship between corporate and country sustainability on the cost of bank loans. We look into … operating in all major industries. Our principal findings reveal that country sustainability related to both social and … of one unit in country sustainability scores is associated with an average decrease in the costs of debt by 64 basis …
Persistent link: https://www.econbiz.de/10010437173
In this paper, we replicate and expand Hawn, Chatterji, & Mitchell (2018) that used DJSI events to measure variations in firms' CSR-activism and examined their effect on a firm's stock price. We use DJSI events to capture variations in firms' CSR visibility, holding CSR-activism constant by...
Persistent link: https://www.econbiz.de/10012253308
As part of the Next Generation EU (NGEU) program, the European Commission has pledged to issue up to EUR 250 billion of the NGEU bonds as green bonds, in order to confirm their commitment to sustainable finance and to support the transition towards a greener Europe. Thereby, the EU is not only...
Persistent link: https://www.econbiz.de/10012665508
This study investigates the growing importance of sustainability in financial markets by estimating the extent of … capitalisation of companies' commitment to sustainability on their market value. The spreading concern for social and environmental … issues, and especially for the material risks of climate change, induces policymakers to prioritise sustainability issues …
Persistent link: https://www.econbiz.de/10011862953
A large literature documents a positive correlation between a firm's sustainability or ESG policies and firm value … direction of causation. In this paper we propose and test the Sustainability Wage Gap channel through which firms can benefit … administrative employer-employee matched data from Sweden and a new measure that quantifies the environmental sustainability of …
Persistent link: https://www.econbiz.de/10012487744