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Issuing bonds during the Covid-19 pandemic: Was there an ESG premium?()

We rely on the ESG ratings assigned by four distinct agencies (MSCI, Refinitiv, Robeco, and Sustainalytics) to study the link between ESG scores and firms’ cost of debt financing during the Covid-19 pandemic. We document the existence of a statistically and economically significant ESG premium, i.e....

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Detalles Bibliográficos
Autor principal: Ferriani, Fabrizio
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10098047/
https://www.ncbi.nlm.nih.gov/pubmed/37070084
http://dx.doi.org/10.1016/j.irfa.2023.102653