【ESG Performance as a Buffer against Market Volatility: Quantitative Evidence from Global Equity Markets】
#论文发表# #ESG[超话]# #股票市场# #可持续投资# #量化金融#

Institutional investors, asset managers, sovereign wealth funds, and retail participants have increasingly embedded Environmental, Social, and Governance (ESG) criteria into their capital allocation frameworks, moving sustainability considerations from the periphery of portfolio construction to its very core. This study mainly investigates the relationship between firm-level ESG performance and stock return volatility, with particular emphasis on whether high-ESG portfolios serve as a structural buffer against market-wide and idiosyncratic volatility shocks.

DOI: 10.4236/vp.2026.122022 http://t.cn/AXS0TN74