ESG – Environmental, Social and Governance – measures of bank performance are getting a lot of attention from shareholders and policymakers. But might more investment in ESG make banks less resilient? Thomas Gehrig tells Tim Phillips what the first research on this topic reveals.
Read More here: CEPR Discussion Paper, DP15816 Social Responsibility and Bank Resiliency by Thomas Gehrig, Maria Chiara Iannino, Stephan Unger