The effects of environmental, social and governance disclosures and performance on firm value: A review of the literature in accounting and finance

C Brooks, I Oikonomou - The British Accounting Review, 2018 - Elsevier
This paper not only attempts to survey the burgeoning literature on environmental, social
and governance disclosures and performance and their effects on firm value, but its focus …

ESG and financial variables: a systematic review

M Saini, V Aggarwal, B Dhingra, P Kumar… - International Journal of …, 2023 - emerald.com
Purpose The growing trend in environmental, social and governance (ESG) research, along
with its relevance to the financial performance of firms, has gained a lot of attraction in …

ESG practices and the cost of debt: Evidence from EU countries

Y Eliwa, A Aboud, A Saleh - Critical Perspectives on Accounting, 2021 - Elsevier
Using legitimacy and institutional theories, this study investigates whether lending
institutions reward firms in 15 EU countries for their environmental, social and governance …

The green advantage: Exploring the convenience of issuing green bonds

G Gianfrate, M Peri - Journal of cleaner production, 2019 - Elsevier
The issue of how to finance the transition to a low-carbon economy in order to achieve the
Paris Agreement's goal is crucial, especially considering the enormous amount of financing …

The green corporate bond issuance premium

J Caramichael, AC Rapp - Journal of Banking & Finance, 2024 - Elsevier
We study a global panel of green and conventional corporate bonds to assess the borrowing
cost advantage at issuance for green bond issuers. We find that, on average, green …

ESG performance and firm value: The moderating role of disclosure

A Fatemi, M Glaum, S Kaiser - Global finance journal, 2018 - Elsevier
This study investigates the effect of environmental, social, and governance (ESG) activities
and their disclosure on firm value. We find that ESG strengths increase firm value and that …

[HTML][HTML] The pricing of green bonds: are financial institutions special?

S Fatica, R Panzica, M Rancan - Journal of Financial Stability, 2021 - Elsevier
The financial system plays a major role in the transition to a low-carbon economy. We shed
light on this analyzing recent developments in the bond and debt markets. First, we study the …

The effect of pro-environmental preferences on bond prices: Evidence from green bonds

OD Zerbib - Journal of banking & finance, 2019 - Elsevier
We use green bonds as an instrument to identify the effect of non-pecuniary motives,
specifically pro-environmental preferences, on bond market prices. We perform a matching …

The impact of social, environmental and corporate governance disclosures on firm value: Evidence from Egypt

A Aboud, A Diab - Journal of Accounting in Emerging Economies, 2018 - emerald.com
Purpose The purpose of this paper is to examine the impact of environmental, social, and
governance (ESG) practices disclosure and firm value in the Egyptian context. This is done …

How does green credit affect the financial performance of commercial banks?——evidence from China

Y Lian, J Gao, T Ye - Journal of Cleaner Production, 2022 - Elsevier
As a major component of China's green finance system, the Chinese government is
vigorously encouraging commercial banks to issue green credit. This study examines the …