onr:"swepub:oai:DiVA.org:hj-52559"
Search: onr:"swepub:oai:DiVA.org:hj-52559" > Is Corporate Social...
- 1 of 1
- Previous record
- Next record
- To hitlist
Is Corporate Social Responsibility investing a free lunch? The relationship between ESG, tail risk, and upside potential of stocks before and during the COVID-19 crisis
-
- Lööf, Hans (author)
- Royal Institute of Technology
-
- Sahamkhadam, Maziar (author)
- Linnaeus University
-
- Stephan, Andreas, 1968- (author)
- Jönköping University,IHH, Nationalekonomi, Finansiering och Statistik,IHH, Centre for Entrepreneurship and Spatial Economics (CEnSE),The Royal Institute of Technology, Centre of Excellence for Science and Innovation Studies (CESIS)
- (creator_code:org_t)
- 2021
- English.
- Series: CESIS Electronic Working Paper Series ; 488
- Reports (other academic/artistic)
Abstract
Subject headings
Close
- Did Corporate Social Responsibility investing benefit shareholders during the COVID-19 pandemic crisis? Distinguishing between downside tail risk and upside reward potential of stock returns, we provide evidence from 5,073 stocks listed on stock markets in ten countries. The findings suggests that better ESG ratings are associated with lower downside risk, but also with lower upside return potential. Thus, ESG ratings help investors to reduce their risk exposure to the market turmoil caused by the pandemic, while maintaining the fundamental trade-off between risk and reward.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- ESG; COVID 19; downside risk; upside potential; Sustainalytics; financial markets
Publication and Content Type
- vet (subject category)
- rap (subject category)
To the university's database
- 1 of 1
- Previous record
- Next record
- To hitlist
Find more in SwePub
- By the author/editor
- Lööf, Hans
- Sahamkhadam, Maz ...
- Stephan, Andreas ...
- About the subject
-
- SOCIAL SCIENCES
- SOCIAL SCIENCES
- and Economics and Bu ...
- and Economics
- Parts in the series
- CESIS Electronic ...
- By the university
- Jönköping University
Search outside SwePub
- Extend your search to:
- Google Book Search
- Google Scholar
Kungliga biblioteket hanterar dina personuppgifter i enlighet med EU:s dataskyddsförordning (2018), GDPR. Läs mer om hur det funkar här.
Så här hanterar KB dina uppgifter vid användning av denna tjänst.
- Copyright © LIBRIS - National Library Systems
- LIBRIS.kb.se
