Artikel
ESG disclosure and portfolio performance
This paper illustrates the impact of Environmental Social and Governance (ESG) disclosure on European corporate equity performance. In this study, we use an extensive data set of European ESG ratings provided by Bloomberg to demonstrate that ESG disclosure is associated with improved return growth, with the Governance pillar exhibiting the strongest effect on corporate performance. The impact of ESG disclosure on volatility is changing over time, suggesting that the existence of opaque ratings limits the transmission of information disclosure into corporate performance.
- Language
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Englisch
- Bibliographic citation
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Journal: Risks ; ISSN: 2227-9091 ; Volume: 9 ; Year: 2021 ; Issue: 10 ; Pages: 1-14 ; Basel: MDPI
- Classification
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Wirtschaft
- Subject
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ESG investing
excess returns
governance
sustainability
volatility
- Event
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Geistige Schöpfung
- (who)
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Bermejo Climent, Ramón
Figuerola-Ferretti Garrigues, Isabel
Paraskevopoulos, Ioannis
Santos, Alvaro
- Event
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Veröffentlichung
- (who)
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MDPI
- (where)
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Basel
- (when)
-
2021
- DOI
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doi:10.3390/risks9100172
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Bermejo Climent, Ramón
- Figuerola-Ferretti Garrigues, Isabel
- Paraskevopoulos, Ioannis
- Santos, Alvaro
- MDPI
Time of origin
- 2021
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