Stock prices reactive to ESG news considered material by SASB, finds Serafeim study

Investors are “motivated by a financial rather than a non pecuniary motive” say researchers

Daily share prices react only to corporate ESG news identified as financial material by the Sustainability Accounting Standards Board (SASB), a study co-authored by prominent Harvard academic George Serafeim has concluded.

In addition, the recently-published study found that daily…

You must have a SUBSCRIPTION or FREE TRIAL to view this PAID content.

Already got a Subscription or Free Trial?

Login here.

Not got a Subscription or Free Trial?

Sign up for a Free Trial here to access this PAID content.

One Free Trial per user; if your Free Trial has expired, please email

Copyright © 2021 RGM.