---
title: New ESG Rating Drivers in European Stocks
url: https://www.ml-quant.com/papers/repec/bla-jfnres-v-46-y-2023-i-s1-p-s133-s162/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: RePEc:bla:jfnres:v:46:y:2023:i:s1:p:s133-s162
source_url: https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fdoi.org%2F10.1111%2Fjfir.12356%3Bh%3Drepec%3Abla%3Ajfnres%3Av%3A46%3Ay%3A2023%3Ai%3As1%3Ap%3As133-s162
featured: 2024-01-23
citations: unknown
topic: Asset Pricing & Factors
---


# New ESG Rating Drivers in European Stocks

Short-term ESG momentum significantly affects stock returns and reduces anticipated capital costs, suggesting it could be a new systematic risk factor.

- Source: https://econpapers.repec.org/scripts/redir.pf?u=https%3A%2F%2Fdoi.org%2F10.1111%2Fjfir.12356%3Bh%3Drepec%3Abla%3Ajfnres%3Av%3A46%3Ay%3A2023%3Ai%3As1%3Ap%3As133-s162
- Identifier: RePEc:bla:jfnres:v:46:y:2023:i:s1:p:s133-s162
- Released: 2023-11-28
- First featured: Quant Letter No. 34 (2024-01-23): https://www.ml-quant.com/issues/2024-01-23/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Asset Pricing & Factors

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