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(1) Do ESG Ratings Affect IPO Valuations? (4 min read)
Country-level ESG ratings have value-relevant information for locally listed IPOs, according to a new Journal of Corporate Finance paper. Sam van de Schootbrugge distils the main findings.
(Sam van de Schootbrugge │ 3rd March, 2021)
How much stress could Covid put on corporate credit? Evidence using sectoral data (BIS, 12 min read)
Corporate Liquidity and Solvency in Europe during COVID-19: The Role of Policies (IMF, 45 page read)
Global Pricing of Carbon-Transition Risk (NBER, 28 page read)
Portfolios for Long-Term Investors (NBER, 48 page read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)