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 …

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 …

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 …

reputations. In response, firms increase their investment in corporate social responsibility (CSR) by 0.4-0.5 standard deviations … link CSR investment to firm reputation building and is the first to document how firms respond to the destruction of …

between corporate social performance (CSP) and financial risk for an extensive panel data sample of S&P 500 companies between … the years 1992 and 2009. In addition, the link between CSP and investor utility is investigated. The main findings are … and strength of the CSP-risk relationship. …

We study the impact of corporate sustainability on market efficiency in the US. Our results indicate that a firm … sustainability leads to a higher ratio of actual to true firm value. Analyzing the relation between ESG and misvaluation separately … moderating role of market sentiment towards sustainability in the ESG-misvaluation relationship …

We show that stock liquidity negatively affects firms' corporate social responsibility (CSR) ratings. To identify the … causal effect, we use the decimalization of stock trading as an exogenous shock to liquidity. The negative CSR effect of …. These findings suggest that high stock liquidity increases short-termism pressure and discourages firms from engaging in CSR …