over the past years there has been a significant growth in corporate reporting of environmental,social and corporate governance (esg) factors. this study assesses whether esg ratings are related to firmperformance. through a multivariate analysis we have confirmed differences between the esg scores used toevaluate environmental, social and corporate governance factors of rated companies. we che...

over the past years there has been a significant growth in corporate reporting of environmental,social and corporate governance (esg) factors. this study assesses whether esg ratings are related to firmperformance. through a multivariate analysis we have confirmed differences between the esg scores used toevaluate environmental, social and corporate governance factors of rated companies. we che...

The authors introduce the evaluative space grid (ESG), a two-dimensional grid that provides a single-item measure of positivity and negativity. In Study 1, ESG ratings of gamble outcomes were highly correlated with those obtained from conventional, less-efficient, unipolar measures, thus providing evidence for the grid’s convergent validity. In Study 2, participants rated their moment-by-moment...

The article presents study results of methodologies for assigning indices and ESG rating, ranking by the largest Russian rating agencies: Analytical Credit Rating Agency, National Expert RA JSC, Union Industrialists Entrepreneurs. Growth negative impact on environment aggravation social corporate problems have been outlined as relevance reasons issue. Theoretical bases three key blocks (ecology...

This paper explores whether the high or low ESG rating of a company is related to level its implied tail risk, measured on basis derivative data by skewness and kurtosis. Previous research suggests that indeed connected some financial risk; however, often, only volatility used as risk measure. We examined relation between ratings volatility, explore in more depth looking into higher moments acc...

Abstract Research purpose. The ESG literature supports a positive correlation between firm’s performance and its financial performance; however, the details of this relationship are ambiguous, which has led to conflicting results in literature. This article asserts that ambiguity is largely related fact studies rarely consider important issue materiality. an expanded replication analysis by Wil...

WikiRate is a Collective Awareness Platform for Sustainability and Social Innovation (CAPS) project with the aim of “crowdsourcing better companies” through analysis of their Environmental Social and Governance (ESG) performance. Research to inform the design of the platform involved surveying the current corporate ESG information landscape, and identifying ways in which an open approach and pe...

The aim of this study was to examine the impact environmental, social, and governance (ESG) measures on credit ratings given non-financial institutions by largest rating agencies according economic sector divisions. hypotheses were as follows: a strong negative institutions’ changes will result from ESG risk changes, reaction vary in different sectors. Panel event models used verify these hypot...

Abstract This paper investigates the divergence of environmental, social, and governance (ESG) ratings based on data from six prominent ESG rating agencies: Kinder, Lydenberg, Domini (KLD), Sustainalytics, Moody’s (Vigeo-Eiris), S&P Global (RobecoSAM), Refinitiv (Asset4), MSCI. We document map different methodologies onto a common taxonomy categories. Using this taxonomy, we decompose into ...