Artikel
The social and environmental drivers of corporate credit ratings: international evidence
We provide evidence of the exogenous impact of environmental and social performance components on credit ratings in North America, Europe, and Asia. In particular, the product innovation dimension is clearly identified as being the dominating driver of credit ratings within the environmental performance in every subsample region. In the social performance dimension, the extent of diversity is a main driver for firms in North America and Europe, but due to cultural reasons, not in Asia. Our results show that the risk mitigation view holds for all significant corporate social or environmental performance variables, but the magnitude of impact differs regionally.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Business Research ; ISSN: 2198-2627 ; Volume: 13 ; Year: 2020 ; Issue: 3 ; Pages: 1343-1415 ; Heidelberg: Springer
- Klassifikation
-
Management
- Thema
-
Credit risky
CSR
CSP
Asset4
Credit ratings
Sustainability
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dorfleitner, Gregor
Grebler, Johannes
- Ereignis
-
Veröffentlichung
- (wer)
-
Springer
- (wo)
-
Heidelberg
- (wann)
-
2020
- DOI
-
doi:10.1007/s40685-020-00127-9
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Dorfleitner, Gregor
- Grebler, Johannes
- Springer
Entstanden
- 2020
Ähnliche Objekte (12)
Empirical Research on Corporate Credit-Ratings
Do S&P's Corporate Ratings Reflect Credit Shocks?
The increasing importance of credit ratings for corporate strategy
Empirical research on corporate credit-ratings: A literature review
The impact of corporate social and environmental performance on credit rating prediction: North America versus Europe
Financial Constraints and Corporate Credit Ratings : Essays in Corporate Finance and Risk Management
Essays on the role of credit ratings in corporate finance
Sovereign credit ratings
Advertisement-financed credit ratings
Re-mapping credit ratings
Advertisement-financed credit ratings
Credit rating score analysis
Empirical Research on Corporate Credit-Ratings
Do S&P's Corporate Ratings Reflect Credit Shocks?
The increasing importance of credit ratings for corporate strategy
Empirical research on corporate credit-ratings: A literature review
The impact of corporate social and environmental performance on credit rating prediction: North America versus Europe
Financial Constraints and Corporate Credit Ratings : Essays in Corporate Finance and Risk Management
Essays on the role of credit ratings in corporate finance
Sovereign credit ratings
Advertisement-financed credit ratings
Re-mapping credit ratings
Advertisement-financed credit ratings
Credit rating score analysis
Empirical Research on Corporate Credit-Ratings
Do S&P's Corporate Ratings Reflect Credit Shocks?
The increasing importance of credit ratings for corporate strategy
Empirical research on corporate credit-ratings: A literature review
The impact of corporate social and environmental performance on credit rating prediction: North America versus Europe
Financial Constraints and Corporate Credit Ratings : Essays in Corporate Finance and Risk Management
Essays on the role of credit ratings in corporate finance
Sovereign credit ratings
Advertisement-financed credit ratings
Re-mapping credit ratings
Advertisement-financed credit ratings