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Department of Finance Seminar with Professor Bert Scholtens, St Andrews and Groningen Corporate sustainability, cost of equity, and credit ratings

This research seminar will welcome Professor Bert Scholtens from the University of St Andrews and the University of Groningen.

The subject of the talk is ‘Corporate sustainability, cost of equity, and credit ratings', and it is based on joint work with Ambrogio Dalò, Roland Mees and Hanqi Zhao.

Their study considered an international sample of firms, to see whether corporate sustainability influences a company's cost of equity and whether Credit Rating Agencies (CRAs) incorporate such an impact in their credit risk assessments.

The seminar is part of the 2024-2025 series organised by the University of St Andrews Business School Department of Finance.

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