학술논문

The Unsustainable Investment Opportunity...?
Document Type
Article
Author
Source
World Economics. Oct-Dec2021, Vol. 22 Issue 4, p87-102. 16p.
Subject
*Sustainable investing
*Environmental responsibility
*Standard & Poor's 500 Index
Language
ISSN
1468-1838
Abstract
The article explores Corporate prowess in environmental, social and governance (ESG) has little or no merit as an indicator of superior economic returns. '1 'he evidence is considerable, pursuit of performance creates cost to the firm and is a constraint to investment opportunity. ESG measurement is critical but it must be designed to be and rooted in the economic benefit delivered.