Publication:

Betting Against ESG Sinners: Evidence From Short Selling Around the World

Date

Date

Date
2024
Working Paper

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Citation copied

Iwata, T., Orpiszewski, T., & Thompson, M. (2024). Betting Against ESG Sinners: Evidence From Short Selling Around the World (No. 4818314; SSRN). https://doi.org/10.2139/ssrn.4818314

Abstract

Abstract

Abstract

This paper explores the uncharted territory of short-selling around controversial environmental, social, and governance (ESG) events. Leveraging unique datasets from FIS Global and RepRisk, we investigate shorting behavior and ESG controversies across three prominent equity indices in the United States, Europe, and Japan. In doing so, we present the first empirical evidence on the co-movement of stock prices and short interest in response to ESG news. Employing a combination of event studies and statistical methods common in clinical

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24 since deposited on 2024-06-04
3last week
Acq. date: 2025-11-12

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6 since deposited on 2024-06-04
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Acq. date: 2025-11-12

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Creators (Authors)

Series Name

Series Name

Series Name
SSRN

Institution

Institution

Institution

Item Type

Item Type

Item Type
Working Paper

Dewey Decimal Classifikation

Dewey Decimal Classifikation

Dewey Decimal Classifikation

JEL Classification

JEL Classification

JEL Classification
G12
G15

Keywords

ESG news, Short selling, Short interest

Scope

Scope

Scope
Discipline-based scholarship (basic research)

Language

Language

Language
English

Publication date

Publication date

Publication date
2024-05-18

Date available

Date available

Date available
2024-06-04

Number of pages

Number of pages

Number of pages
23

ISSN or e-ISSN

ISSN or e-ISSN

ISSN or e-ISSN
1556-5068

OA Status

OA Status

OA Status
Green

Free Access at

Free Access at

Free Access at
DOI

Metrics

Downloads

24 since deposited on 2024-06-04
3last week
Acq. date: 2025-11-12

Views

6 since deposited on 2024-06-04
1last week
Acq. date: 2025-11-12

Citations

Citations

Citation copied

Iwata, T., Orpiszewski, T., & Thompson, M. (2024). Betting Against ESG Sinners: Evidence From Short Selling Around the World (No. 4818314; SSRN). https://doi.org/10.2139/ssrn.4818314

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