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ESG Ratings and Financing Decisions

Higher ESG scores correlate with increased equity issuance and reduced net debt issuance, but do not affect capital expenditures or noncash asset accumulation, indicating ESG ratings do not impact investment choices.

Featured in No. 54 on 20 Jun 2024 · 20 days after release

Released
31 May 2024
First featured
No. 54 · 20 Jun 2024
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
2
Identifier
SSRN 4867910

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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