{"id":7017,"date":"2024-06-24T21:26:06","date_gmt":"2024-06-24T21:26:06","guid":{"rendered":"https:\/\/ubi.edu\/?p=7017"},"modified":"2024-12-16T12:21:12","modified_gmt":"2024-12-16T12:21:12","slug":"the-impact-of-a-firms-esg-score-on-its-cost-of-capital-can-a-high-esg-score-serve-as-a-substitute-for-a-weaker-legal-environment","status":"publish","type":"post","link":"https:\/\/ubi.edu\/the-impact-of-a-firms-esg-score-on-its-cost-of-capital-can-a-high-esg-score-serve-as-a-substitute-for-a-weaker-legal-environment\/","title":{"rendered":"The impact of a firm\u2019s ESG score on its cost of capital: Can a high ESG score serve as a substitute for a weaker legal environment?"},"content":{"rendered":"<p><em>Priem, Randy, &amp; Gabellone Andrea. (2024). The impact of a firm\u2019s ESG score on its cost of capital: Can a high ESG score serve as a substitute for a weaker legal environment? <a href=\"https:\/\/www.emeraldgrouppublishing.com\/journal\/sampj\">Sustainability Accounting, Management and Policy Journal<\/a>. <strong>(JCQ Q1 \u2013 Journal impact Factor: 4.7 \u2013 Ranked 40 out of 174 in accounting).<\/strong><\/em><\/p>\n<p>This article, a collaboration between Dr. Priem and a promising graduate from UBI, investigates the link between the ESG score and cost of capital among 600 companies across 17 countries in the EURO STOXX 600 Index. It assesses how ESG factors influence companies&#8217; cost of capital, exploring which aspects\u2014environmental, social, governance\u2014have the most impact, and which components of the Weighted Average Cost of Capital (WACC) are affected. Additionally, it considers if a high ESG score can offset a weaker legal framework, contributing insights into sustainable development practices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Priem, Randy, &amp; Gabellone Andrea. (2024). The impact of a firm\u2019s ESG score on its cost of capital: Can a high ESG score serve as a substitute for a weaker legal environment? Sustainability Accounting, Management and Policy Journal. (JCQ Q1 \u2013 Journal impact Factor: 4.7 \u2013 Ranked 40 out of 174 in accounting). This article, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":37267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[],"class_list":["post-7017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research-publications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The impact of a firm\u2019s ESG score on its cost of capital: Can a high ESG score serve as a substitute for a weaker legal environment? - UBI Business School - QS Top 20 worldwide<\/title>\n<meta name=\"description\" content=\"Explore how ESG scores affect capital costs with UBI\u2019s research. 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