What is it about?
News concerning environmental, social and governance aspects of a company can have an impact on stock price. In Europe ESG bad news push the price downwards, where good news increase it (even if a little less). In Usa the situation is opposite. ESG investments are perceived as "money wasted" and the stock price reacts negatively. In Asia ESG news are no news for investors.
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This page is a summary of: Do international investors care about ESG news?, Qualitative Research in Financial Markets, May 2022, Emerald,
DOI: 10.1108/qrfm-11-2021-0184.
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