leadership1 publisher
Investor appetite for ESG data pushes competing raters to cover the same ground
In a paper forthcoming in the Journal of Finance, Ehsan Azarmsa and Joel Shapiro find that duplicated coverage costs investors precision, while the widest disagreement between two raters carries the most information.
Publishers:corpgov.law.harvard.edu
Reality
- Evidence45
- Adoption
- Insufficient
- Hype gap+12
- Incentives38
- Confidence47