ESG Confusion and Stock Returns: Tackling the Problem of Noise
收藏NBER2022-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w30562
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资源简介:
Existing measures of ESG (environmental, social, and governance) performance ESG ratings are noisy and, therefore, standard regression estimates of the effect of ESG performance on stock returns are biased. Addressing this as a classical errors-in-variables problem, we develop a noise-correction
提供机构:
美国国家经济研究局
创建时间:
2022-10-01



