文章基本信息

标题：The Effects of Environment, Society and Governance Scores on Investment Returns and Stock Market Volatility
本地全文：下载
作者：Bharat Kumar Meher ; Iqbal Thonse Hawaldar ; Latasha Mohapatra 等
期刊名称：International Journal of Energy Economics and Policy
电子版ISSN：2146-4553
出版年度：2020
卷号：10
期号：4
页码：234-239
DOI：10.32479/ijeep.9311
出版社：EconJournals
摘要：Sustainability reporting and disclosure in India have received a significant attention over the most recent few years propelled to a large extent by investors and policy makers. The Sustainable Business Leadership Forum (SBLF) has been closely working with many firms, owners of the companies and policy makers to single out the relationship between investment and environmental, social and governance (ESG) disclosure. Besides that, SBLF has had a coordinated conversation about the anticipations, concerns, difficulties and realities surrounding ESG estimation. This ESG criteria refers to three important elements which are considered by investors with regards to an ethical impact of firms and sustainable practices. As per the literature companies with higher ESG scores are better investment picks. This paper attempts to assess the volatility and returns of Indian companies and to measure the impact of ESG scores on returns and volatility with the help of panel regression.
关键词：ESG ;ESG Scores;Sustainability;Panel Regression;Investment returns.