IDEAS home Printed from https://ideas.repec.org/a/rom/mancon/v17y2023i1p707-720.html
   My bibliography  Save this article

The Esg Index And The Stock Return During The Pandemic

Author

Listed:
  • Patricia Rozalia PIRVU

Abstract

The COVID-19 pandemic had a profound impact on global economic sectors, notably on stock markets. This study delves into the intricate relationship between Environmental, Social, and Governance (ESG) factors and stock market performance during this period. Investors are increasingly applying these non-financial factors as part of their analysis process to identify material risks and growth opportunities. Using a meticulous analysis of the companies listed on the S&P 500 index, we examine the influence of ESG factors on stock market returns, particularly focusing on the year 2020. The observed correlation between stock market returns and S&P 500-related ESG performance illuminates a fundamental shift in market dynamics. The statistical significance of the environmental pillar in the S&P500 during the pandemic signifies a paradigm shift in market priorities. It emphasizes the integral role of environmental sustainability in shaping investor decisions, corporate strategies, regulatory frameworks, and the overall trajectory of the financial markets. This shift has the potential to drive positive change towards a more sustainable and resilient global economy.

Suggested Citation

  • Patricia Rozalia PIRVU, 2023. "The Esg Index And The Stock Return During The Pandemic," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(1), pages 707-720, November.
    • Handle: RePEc:rom:mancon:v:17:y:2023:i:1:p:707-720
    DOI: 10.24818/IMC/2023/05.02
    as

    Download full text from publisher

    File URL: https://conference.management.ase.ro/archives/2023/pdf_IMC2023/S5/5_2.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.24818/IMC/2023/05.02?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:mancon:v:17:y:2023:i:1:p:707-720. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ciocoiu Nadia Carmen (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.