University of Economics Varna

SECTOR HETEROGENEITY IN THE RELATIONSHIP BETWEEN CORPORATE FINANCIAL PERFORMANCE AND ESG RATINGS OF PUBLIC COMPANIES: A SECTOR-LEVEL REGRESSION ANALYSIS

This study examines whether the relationship between corporate financial performance (CFP) and environmental, social, and governance (ESG) ratings varies across Global Industry Classification Standard (GICS) sectors. Using ESG ratings from LSEG Data & Analytics and financial data...