An Empirical Study of the World Price of Sustainability

The core goal of this study is to empirically investigate whether there is a “world price” of corporate sustainability. This is assessed in the context of standard asset pricing models—in particular, by asking whether a risk premium attaches to a sustainability factor after controlling for the Fama–...

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Bibliographic Details
Authors: Xiao, Yuchao (Author) ; Faff, Robert (Author) ; Gharghori, Philip (Author) ; Lee, Darren (Author)
Format: Electronic Article
Language:English
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Published: Springer 2013
In: Journal of business ethics
Year: 2013, Volume: 114, Issue: 2, Pages: 297-310
Further subjects:B Sustainability
B World price
B Fama–French model
B Global equities
B Corporate Social Performance
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