641
Views
2
CrossRef citations to date
0
Altmetric
Research Article

Is ESG-ness the vaccine?

ORCID Icon

References

  • Carhart, M. M. 1997. “On Persistence in Mutual Fund Performance.” The Journal of Finance 52 (1): 57–82. doi:10.1111/j.1540-6261.1997.tb03808.x.
  • Fama, E. F., and K. R. French. 1993. “Common Risk Factors in the Returns on Stocks and Bonds.” Journal of Financial Economics 33 (1): 3–56. doi:10.1016/0304-405X(93)90023-5.
  • Fama, E. F., and K. R. French. 2015. “A Five-factor Asset Pricing Model.” Journal of Financial Economics 116 (1): 1–22. doi:10.1016/j.jfineco.2014.10.010.
  • Feng, Z. Y., C. R. Chen, and Y. J. Tseng. 2018. “Do Capital Markets Value Corporate Social Responsibility? Evidence from Seasoned Equity Offerings.” Journal of Banking & Finance 94: 54–74. doi:10.1016/j.jbankfin.2018.06.015.
  • Hartzmark, S. M., and A. B. Sussman. 2019. “Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows.” The Journal of Finance 74 (6): 2789–2837. doi:10.1111/jofi.12841.
  • Huang, D. Z. X. 2021. “Environmental, Social and Governance (ESG) Activity and Firm Performance: A Review and Consolidation.” Accounting & Finance. 61: 335-360. https://doi.org/10.1111/acfi.12569
  • Jegadeesh, N., and S. Titman. 1993. “Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency.” The Journal of Finance 48: 65–91. doi:10.1111/j.1540-6261.1993.tb04702.x.
  • Khan, M. 2019. “Corporate Governance, ESG, and Stock Returns around the World.” Financial Analysts Journal 75 (4): 103–123. doi:10.1080/0015198X.2019.1654299.
  • Lean, H. H., and F. Pizzutilo. 2021. “Performances and Risk of Socially Responsible Investments across Regions during Crisis.” International Journal of Finance and Economics 26: 3556–3568. doi:10.1002/ijfe.1975.
  • Lins, K. V., H. Servaes, and A. Tamayo. 2017. “Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis.” The Journal of Finance 72 (4): 1785–1824. doi:10.1111/jofi.12505.
  • Newey, W. K., and K. D. West. 1994. “Automatic Lag Selection in Covariance Matrix Estimation.” Review of EconomicStudies 61 (4): 631–653. https://doi.org/10.2307/2297912
  • Nofsinger, J., and A. Varma. 2014. “Socially Responsible Funds and Market Crises.” Journal of Banking & Finance 48: 180–193. doi:10.1016/j.jbankfin.2013.12.016.
  • Pizzutilo, F. 2017. “Measuring the Under-diversification of Socially Responsible Investments.” Applied Economics Letters 24 (14): 1005–1018. doi:10.1080/13504851.2016.1248279.
  • Wong, W. C., J. A. Batten, A. H. Ahmad, S. B. Mohamed-Arshad, S. Nordin, and A. A. Adzis. 2021. “Does ESG Certification Add Firm Value?” Finance Research Letters 39. https://doi.org/10.1016/j.frl.2020.101593.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.