Increasing Returns, One Tree at a Time.

McCauley, John L., IV.

2014

Description
  • Abstract: Using a comprehensive dataset of environmental, social, and corporate governance (ESG) performances for a panel of global firms listed in the MSCI World Index from January 2007 – December 2012, environmental factors were found to have a positive effect on risk-adjusted stock returns. The results are of economic importance as an increase of one standard deviation in environmental score re... read more
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