Pandemic Uncertainty and Socially Responsible Investments

Frontiers in Public Health

Jiajia Yang¹  Han Lv²  Wenzhong Zhu²  Meier Zhuang² 

[1] Department of Public Policy, King's College London, London, United Kingdom;School of Business, Guangdong University of Foreign Studies, Guangzhou, China;

关键词: pandemics uncertainty;    COVID-19 pandemic;    COVID-19 uncertainty;    socially responsible investments;    panel data estimators;   

DOI  :  10.3389/fpubh.2021.661482

来源: Frontiers

【 摘 要 】

This paper examines the effects of pandemic uncertainty on socially responsible investments. We use the overall corporate sustainability performance index in the Global-100 Most Sustainable Corporations in the World dataset to measure socially responsible investments. The global pandemic uncertainty is also measured by the World Pandemic Uncertainty Index. We focus on the panel dataset from 2012 to 2020, and the results show that the World Pandemic Uncertainty Index is positively related to socially responsible investments. The main findings remain significant when we utilize various panel estimation techniques.

【 授权许可】

CC BY