ESG Indicators as Organizational Performance Goals: Do Rating Agencies Encourage a Holistic Approach?

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Do Rating Agencies Cater? Evidence from Rating-Based Contracts

I examine whether rating agencies are more likely to cater to borrowers with rating-based performance pricing agreements (PPrating firms). This study uses data from Moody’s Financial Metrics on agency adjustments to investigate this prediction and exploits an unexpected adverse shock to firms’ credit risk as identification. The evidence is mixed. In the crosssection and for firms experiencing a...

متن کامل

Modeling Organizational Performance Indicators

—Performance measurement and analysis is crucial for steering the organization to realizing its strategic and operational goals. Relevant performance indicators and their relationships to goals and activities need to be determined and analyzed. Current organization modeling approaches do not reflect this in an adequate way. This paper attempts to fill the gap by presenting a framework for model...

متن کامل

Modeling organizational performance indicators

Performance measurement and analysis is crucial for steering the organization to realizing its strategic and operational goals. Relevant performance indicators and their relationships to goals and activities need to be determined and analyzed. Current organization modeling approaches do not reflect this in an adequate way. This paper attempts to fill the gap by presenting a framework for modeli...

متن کامل

Do Rating Agencies Exhibit Herding Behaviour? Evidence from Sovereign Ratings

Different rating agencies may have different levels of expertise (reputation) for different countries it is not obvious that such homogeneity holds. We therefore conduct poolability tests within this context to assess this assumption and find evidence of heterogeneity. This leads us to conduct country-by-country timeseries tests, allowing all slope coefficients to vary across countries, to asse...

متن کامل

RATING AGENCIES Harold Cole

For decades credit rating agencies were viewed as trusted arbiters of creditworthiness and their ratings as important tools for managing risk. The common narrative is that the value of ratings was compromised by the evolution of the industry to a form where issuers pay for ratings. In this paper we show how credit ratings have value in equilibrium and how reputation insures that, in equilibrium...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Sustainability

سال: 2020

ISSN: 2071-1050

DOI: 10.3390/su122410228