Access the full text.
Sign up today, get DeepDyve free for 14 days.
This commentary on the value of ESG in corporate‐credit analysis provides an update to our previous white papers, including The Investment Merits of Sustainability in Fixed Income , published in February 2013, and Breckinridge's Corporate Credit Principles: A Sustainable Approach , published in September 2011. CFA Institute Inc., “Environmental, Social and Governance Factors at Listed Companies, a Manual for Investors,” 2008. Sustainalytics , Sustainalytics Global Platform Manual. Version 1.0, March 2013. Governance & Accountability Institute, Inc. “Flash Report: 72 percent of S&P 500 Companies Now Publishing Sustainability/Responsibility Reports,” June 3, 2014. KPMG International , “The KPMG Survey of Corporate Responsibility Reporting 2013,” pg. 11. McKinsey and Company, “Sustainability's strategic worth: McKinsey Global Survey,” 2014. This annual survey collected responses from 3,344 corporate executives from February 11 to February 21, 2014. See “The UN Global Compact‐Accenture CEO Study on Sustainability 2013,” pg. 11 Monks, R.A.G. & Minow, N., Corporate Governance , March 2012, pg. xxi. The authors note how inadequate corporate governance practices contributed to fraud and significant stakeholder losses in 2002. Larcker, D. and Tayan, B., A Real Look at Real World Corporate Governance , July 2013, pgs 20–25. The authors refer to Lehman Brothers as an example
Journal of Applied Corporate Finance – Wiley
Published: Jun 1, 2015
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.