Outputs (2)

When ESG meets AAA: the effect of ESG rating changes on stock returns. (2021)
Journal Article
SHANAEV, S. and GHIMIRE, B. 2022. When ESG meets AAA: the effect of ESG rating changes on stock returns. Finance research letters [online], 46(A), article number 102302. Available from: https://doi.org/10.1016/j.frl.2021.102302

This study is the first to employ calendar-time portfolio methodology to investigate the impact of 748 ESG rating changes on stock returns of US firms over 2016–2021. While ESG rating upgrades lead to positive yet inconsistently significant abnormal... Read More about When ESG meets AAA: the effect of ESG rating changes on stock returns..

Effects of official versus online review ratings. (2021)
Journal Article
GHIMIRE, B., SHANAEV, S. and LIN, Z. 2022. Effects of official versus online review ratings. Annals of tourism research [online], 92, article number 103247. Available from: https://doi.org/10.1016/j.annals.2021.103247

The rating systems of tourism and hospitality services are instrumental for both businesses and consumers. Businesses use them to determine their promotion and pricing strategies, while consumers rely on them to make an informed decision. These syste... Read More about Effects of official versus online review ratings..