Does environmental, social, and governance news coverage affect the cost of equity? A textual analysis of media coverage
The findings provide empirical evidence for the relationship between ESG news coverage and the cost of equity, validating this link in the context of an emerging market. These results offer new insights into how ESG engagement improves capital market efficiency and supports the broader goals of sustainable and responsible investment.
Authors
- Chuanyu Liang
- Weiran Wang (ORCID: https://orcid.org/0000-0003-1726-8831)
- Xuechun Liu
- Haixu Yu
Institutions
- Shenzhen Polytechnic University (CN)
- Southern University of Science and Technology (CN)
- Tsinghua University (CN)
Publication Details
- Journal
- Frontiers in Public Health
- Published
- 2025-04-11
- DOI
- https://doi.org/10.3389/fpubh.2025.1509167
- Citations
- 1
- Primary Topic
- Corporate Social Responsibility Reporting
- Type
- article
- Field-Weighted Citation Impact
- 2.23