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ESG score, analyst coverage and corporate resilience

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  • Wu, Hua
  • Zhang, Ke
  • Li, Renyu

Abstract

This paper selects China's listed companies in 2016–2022 as a research sample to explore the relationship between ESG scores and corporate resilience. It is found that ESG scores are positively correlated with corporate resilience; it is further found that firms with ESG scores receive more attention from analysts, and the increase in analyst attention reduces information asymmetry and improves corporate resilience.

Suggested Citation

  • Wu, Hua & Zhang, Ke & Li, Renyu, 2024. "ESG score, analyst coverage and corporate resilience," Finance Research Letters, Elsevier, vol. 62(PB).
    • Handle: RePEc:eee:finlet:v:62:y:2024:i:pb:s1544612324002782
    DOI: 10.1016/j.frl.2024.105248
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    References listed on IDEAS

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    Cited by:

    1. Nazari, Jamal A. & Poursoleyman, Ehsan, 2024. "Analysts’ recommendations on peer-relative comparable sustainability disclosure," Finance Research Letters, Elsevier, vol. 64(C).

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