Sustainable finance: the economic impacts of environmental, social and governance (ESG) factors on stock price, brand value and executive compensation

Thesis

Environmental, social, and governance (ESG) disclosure is increasingly important for listed companies, representing a key factor that contributes to sustainable finance. However, whether and how the inclusion of ESG scores in investment decisions affects stock prices remains uncertain; the effect of ESG on intangible assets is a neglected area of investigation, and not all executives in global capital markets respond to ESG issues. Moreover, how each of the three dimensions of ESG affects ...

Expand abstract

Authors: Ding, H

• Type of award: DPhil
• Level of award: Doctoral
• Awarding institution: University of Oxford
• Language: English
• Keywords: investor-paid model; ESG; stock price; brand value; executive compensation; sustainable finance; reputation ecosystem
• Subjects: Responsible Investment; Brand Value; Environmental Economics; Sustainable Finance; Capital Market; Financial Geography; Corporate Governance