This paper not only attempts to survey the burgeoning literature on environmental, social and governance disclosures and performance and their effects on firm value, but its focus also lies on highlighting stylised observations coming from the most recent work that has not yet become part of the ‘conventional wisdom’ in the field.

In addition, it outlines some of the crucial knowledge gaps and interesting questions that have not, as of yet, been addressed and thus outlines a potential agenda for future research on socially responsible investing.

Lastly, it introduces the papers published in the coming special issue of the British Accounting Review.

By: Chris Brooks and oannis Oikonomou, University of Reading – ICMA Centre

You can read this SSRN article here