Sökning: id:"swepub:oai:DiVA.org:hj-52559" >
Is Corporate Social...
-
Lööf, HansRoyal Institute of Technology
(författare)
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
Förlag, utgivningsår, omfång ...
Nummerbeteckningar
-
LIBRIS-ID:oai:DiVA.org:hj-52559
-
https://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-52559URI
Kompletterande språkuppgifter
-
Språk:engelska
-
Sammanfattning på:engelska
Ingår i deldatabas
Klassifikation
-
Ämneskategori:vet swepub-contenttype
-
Ämneskategori:rap swepub-publicationtype
Serie
-
CESIS Electronic Working Paper Series ;488
Anmärkningar
-
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.
Ämnesord och genrebeteckningar
Biuppslag (personer, institutioner, konferenser, titlar ...)
-
Sahamkhadam, MaziarLinnaeus University
(författare)
-
Stephan, Andreas,1968-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)(Swepub:hj)Stea
(författare)
-
Royal Institute of TechnologyLinnaeus University
(creator_code:org_t)
Internetlänk