ESG Risks and Financial Performance. Analysis of Romanian-Listed Companies
Cosmin-Dănuț Vezeteu,
Raluca-Ioana Stănciulescu
Abstract:The term “sustainability” is often used interchangeably with the acronym ESG (Environmental, Social, Governance). This happens as investors trust ESG scores to provide an accurate measurement of a company's sustainability performance. The traditional approach for evaluating sustainability performance involves analysing the scores for a given company, for each of the 3 ESG pillars: Environmental, Social and Corporate Governance. Moreover, most studies show that these scores are positively correlated with financ… Show more
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