as ESG laggards. By developing a conceptual framework for the SLB market and running a probit and logit regression … estimation, this paper shows that the SLB market efficiently attracts carbon-intensive companies, but fails to attract ESG …

evidence that ESG-harmful investments require higher returns and ESG rating heterogeneity increases returns. Moreover …

Purpose Utilising a database that distinctly classifies firm-level ESG (environmental, social and governance) news … sentiment as positive or negative, the authors examine the information flow between the two types of ESG news sentiment and …/methodology/approach The authors use Shannonian transfer entropy to examine whether information significantly flows from ESG news sentiment to …