ESG scores during the pandemic
2022 International Conference on Sustainable Islamic Business and Finance, SIBF 2022
; : 44-47, 2022.
Article
in English
| Scopus | ID: covidwho-2152525
ABSTRACT
In recent years, firms have increased their investments in environmental, social, and governance activities. Using a large sample of large US firms, this paper investigates the effect of the COVID-19 pandemic on firms' SG activities. First, we investigate whether the pandemic induced firms to increase their environmental, social, and governmental investment. Our initial results reveal that firms increase their environmental, social, and governance activities despite the financial challenges during the pandemic. However, further investigation demonstrates that a general increase in social investments drives our initial results. Also, our findings indicate that, with respect to environmental, social, and governance activities, the pandemic affected industries in different ways. Limitations and directions for future studies are also provided. © 2022 IEEE.
Full text:
Available
Collection:
Databases of international organizations
Database:
Scopus
Type of study:
Prognostic study
Language:
English
Journal:
2022 International Conference on Sustainable Islamic Business and Finance, SIBF 2022
Year:
2022
Document Type:
Article
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