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ESG Global Score Indicator – The new sovereign rating Case study – European Union

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  • Ana Maria (MĂRĂȘESCU) NECULA

    (Bucharest University of Economic Studies)

Abstract

For the last period of time, the most important ratings were issues based on the analysis of some financial indicators calculated mostly on the basis of accurate financial data. But times have changed and the aspects regarding environmental, social and governance (ESG) indicators are becoming more important every day. This article presents the evolution of ESG ratings, specifically the ESG Global Score Indicator regarding sovereign risk analysis for the states of the European Union.

Suggested Citation

  • Ana Maria (MĂRĂȘESCU) NECULA, 2024. "ESG Global Score Indicator – The new sovereign rating Case study – European Union," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(639), S), pages 269-278, Summer.
    • Handle: RePEc:agr:journl:v:xxxi:y:2024:i:2(639):p:269-278
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    References listed on IDEAS

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    1. Sy, Amadou N.R., 2004. "Rating the rating agencies: Anticipating currency crises or debt crises?," Journal of Banking & Finance, Elsevier, vol. 28(11), pages 2845-2867, November.
    2. Bouye,Eric & Menville,Diane Dorothy, 2021. "The Convergence of Sovereign Environmental, Social and Governance Ratings," Policy Research Working Paper Series 9583, The World Bank.
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