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The social and environmental drivers of corporate credit ratings: international evidence

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Dorfleitner, Gregor ; Grebler, Johannes
License: Creative Commons Attribution 4.0
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Date of publication of this fulltext: 15 Jul 2021 09:28


We provide evidence of the exogenous impact of environmental and social performance components on credit ratings in North America, Europe, and Asia. In particular, the product innovation dimension is clearly identified as being the dominating driver of credit ratings within the environmental performance in every subsample region. In the social performance dimension, the extent of diversity is a ...


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