- Effetto Positivo su Rendimenti Finanziari, Economici e sul Rischio

 - Effetto Positivo sull’Affidabilità Bancaria e sulla Considerazione degli Investitori Istituzionali 

 - Migliore Resilienza

 - Effetto Positivo sul Valore d’Impresa e sulle Relazioni con gli Stakeholders

 - Effetto Positivo sulla Emissione di Obbligazioni Aziendali (Green Bond) anche per Aziende non Quotate

Referenze Scientifiche

Facciamo notare che la gran parte delle referenze riportate provengono dai più importanti Journal accademici internazionali - JF, The journal of Finance, ecc. - quelli dove si fonda la frontiera della ricerca e scrivono i premi Nobel.

References

Abeysekera, A. P., & Fernando, C. S. (2018). Corporate social responsibility versus corporate shareholder responsibility: A family firm perspective. Journal of Corporate Finance. In press, DOI at Read more...

Arouri, M., Gomes, M., & Pukthuanthong, K. (2019). Corporate social responsibility and M&A uncertainty. Journal of Corporate Finance, 56, 176-198.

Ashwin Kumar, N. C., Smith, C., Badis, L., Wang, N., Ambrosy, P., & Tavares, R. (2016). ESG factors and risk-adju sted performance: a new quantitative model. Journal of Sustainable Finance & Investment, 6(4), 292-300.

Borghesi, R., Houston, J. F., & Naranjo, A. (2014). Corporate socially responsible investments: CEO altruism, reputation, and shareholder interests. Journal of Corporate Finance, 26, 164-181.

Dimson, E., Karakaş, O., & Li, X. (2015). Active ownership. The Review of Financial Studies, 28(12), 3225-3268.

Dyck, A., Lins, K. V., Roth, L., & Wagner, H. F. (2019). Do institutional investors drive corporate social responsibility? International evidence. Journal of Financial Economics, 131(3), 693-714.

Dutordoir, M., Strong, N. C., & Sun, P. (2018). Corporate social responsibility and seasoned equity offerings. Journal of Corporate Finance, 50, 158-179.

Ferrell, A., Liang, H., & Renneboog, L. (2016). Socially responsible firms. Journal of financial economics, 122(3), 585-606.

Gao L., J.H. Zhang Firms' earnings smoothing, corporate social responsibility, and valuation. Journal of Corporate Finance, 32 (1) (2015), pp. 108-127, 10.1016/j.jcorpfin.2015.03.004

Hartzmark, S. M., & Sussman, A. B. (2019). Do investors value sustainability? A natural experiment examining ranking and fund flows. The Journal of Finance, 74(6), 2789-2837.

Khan, M., Serafeim, G., & Yoon, A. (2016). Corporate sustainability: First evidence on materiality. The accounting review, 91(6), 1697-1724.

Krüger, P. (2015). Corporate goodness and shareholder wealth. Journal of financial economics, 115(2), 304-329.

Lins, K. V., Servaes, H., & Tamayo, A. (2017). Social capital, trust, and firm performance: The value of corporate social responsibility during the financial crisis. The Journal of Finance, 72(4), 1785-1824.

Martin, P. R., & Moser, D. V. (2016). Managers’ green investment disclosures and investors’ reaction. Journal of Accounting and Economics, 61(1), 239-254.

Nandy, M., & Lodh, S. (2012). Do banks value the eco-friendliness of firms in their corporate lending decision? Some empirical evidence. International Review of Financial Analysis, 25, 83-93.

Nofsinger, J. R., Sulaeman, J., & Varma, A. (2019). Institutional investors and corporate social responsibility. Journal of Corporate Finance, 58, 700-725.

Renneboog, L., Ter Horst, J., & Zhang, C. (2011). Is ethical money financially smart? Nonfinancial attributes and money flows of socially responsible investment funds. Journal of Financial Intermediation, 20(4), 562-588.

Tang, D. Y., & Zhang, Y. (2018). Do shareholders benefit from green bonds?.Journal of Corporate Finance. In press. DOI at: Read more...

Zerbib, O. D. (2019). The effect of pro-environmental preferences on bond prices: Evidence from green bonds. Journal of Banking & Finance, 98, 39-60.