...Jeff Zeyun Chen; Zengquan Li; Ting Mao; Aaron Yoon ABSTRACT We compare the ESG ratings of MSCI, a global rater, with those of SINO, a local Chinese rater, to evaluate their effectiveness in capturing ESG risks within the Chinese context. Using ESG issues revealed in negative incidents as a proxy...

...Dane M. Christensen; George Serafeim; Anywhere Sikochi ABSTRACT Despite the rising use of environmental, social, and governance (ESG) ratings, there is substantial disagreement across rating agencies regarding what rating to give to individual firms. As what drives this disagreement is unclear, we...