Dorfleitner, Gregor; Zhang, Rongxin - In: Schmalenbach journal of business research : SBUR 76 (2024) 2, pp. 197-244
In this paper, we examine in a systematic manner how investors react to the sentiment of instant ESG news. Instead of acquiring proprietary ESG news or events datasets directly from specific ESG data providers, we extract fresh ESG news directly from a plethora of raw news articles. We showcase...