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

The purpose of this article is to determine whether the ESG (environmental, social, and
governance) performance by Chinese listed companies affects their financing constraints …

As individual investors who act independently can generate only limited influence on
corporate decisions, this paper considers clustered institutional investors connected through …

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

We survey 861 finance academics, professionals, and public sector regulators and policy
economists about climate finance topics. They identify regulatory risk as the top climate risk …

This paper examines the role of the “Big Three”(ie, BlackRock, Vanguard, and State Street
Global Advisors) on the reduction of corporate carbon emissions around the world. Using …

According to our survey about climate risk perceptions, institutional investors believe climate
risks have financial implications for their portfolio firms and that these risks, particularly …

The green bond market has been growing rapidly worldwide since its debut in 2007. We
present the first empirical study on the announcement returns and real effects of green bond …

This survey examines the vibrant academic literature on environmental, social, and
governance (ESG) investing. While there is no consensus on the exact list of ESG issues …

Abstract We examine how Corporate Social Responsibility (CSR), jointly with influential
institutional ownership (IO), affects firm value around the 2008 global financial crisis. We find …