Do commercial ties influence ESG ratings? Evidence from Moody's and S&P

Do commercial ties influence ESG ratings? Evidence from Moody's and S&P

We provide the first evidence that conflicts of interest arising from commercial ties lead to bias in environmental, social, and governance (ESG) ratings. Using the acquisitions of Vigeo Eiris and RobecoSAM by Moody's and S&P as shocks to the commercial ties between ESG rating agencies and...

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Bibliographic Details
Main Authors: LI, Xuanbo, LOU, Yun, ZHANG, Liandong
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2024
Subjects:
ESG; conflicts of interest; rating agencies; sustainability; commercial ties; disclosure
Accounting
Business Law, Public Responsibility, and Ethics
Corporate Finance
Online Access:https://ink.library.smu.edu.sg/soa_research/2065
https://ink.library.smu.edu.sg/context/soa_research/article/3092/viewcontent/CommercialTiesInfluenceESG_pvoa_nc_nd.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soa_research/2065
https://ink.library.smu.edu.sg/context/soa_research/article/3092/viewcontent/CommercialTiesInfluenceESG_pvoa_nc_nd.pdf

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