We review the financial economics-based research on Environmental, Social, and
Governance (ESG) and Corporate Social Responsibility (CSR) with an emphasis on …

Purpose Over the past two decades, the topics of Environmental, Social and Corporate
Governance (ESG) and Corporate Social Responsibility (CSR) have attracted an increasing …

In this address, I discuss differences across investor and manager motivations for
considering sustainable finance—value versus values motivations—and how these …

In the context of increasing concern about climate issues, corporate environmental, social
and governance (ESG) performance has received widespread attention from the public. Our …

We compile a novel data set on mandatory environmental, social, and governance (ESG)
disclosure around the world to analyze the stock liquidity effects of such disclosure …

This paper analyzes the asset pricing and portfolio implications of an important barrier to
sustainable investing: uncertainty about the corporate ESG profile. In equilibrium, the market …

Green innovation is an important way for firms to achieve both economic benefits and
environmental protection in the long term. We focus on the influence of corporate social …

The COVID-19 pandemic and the subsequent lockdown brought about an exogenous and
unparalleled stock market crash. The crisis thus provides a unique opportunity to test …

The definition of corporate social responsibility (CSR) states that companies must not only
pursue their main goal—to maximize profits, but also contribute to the well‐being of society …

Using a wide sample of international publicly traded firms, this paper studies the rapidly
increasing practice of incorporating Environmental, Social, and Governance (ESG) metrics …