Firm Performance

ESG Rating Disagreement and Stock Returns ArXiv ID: ssrn-3433728 “View on arXiv” Authors: Unknown Abstract Using ESG ratings from seven different data providers for a sample of S&P 500 firms between 2010 and 2017, we study the relation between ESG rating disagree Keywords: ESG Ratings, Corporate Governance, Sustainability Disclosure, Firm Performance, S&P 500 Complexity vs Empirical Score Math Complexity: 3.0/10 Empirical Rigor: 7.5/10 Quadrant: Street Traders Why: The paper relies heavily on empirical data analysis (correlations, panel regressions, firm characteristics) with a focus on backtest-ready financial metrics like stock returns and equity cost of capital, but the mathematical modeling is limited to standard econometric techniques without advanced theory or derivations. flowchart TD A["Research Goal: Impact of ESG Rating Disagreement<br>on Stock Returns for S&P 500 Firms"] --> B["Data Inputs<br>2010-2017, S&P 500, 7 ESG Providers"] B --> C["Methodology: Calculate ESG Disagreement<br>across providers"] C --> D["Methodology: Regression Analysis<br>ESG Disagreement vs. Stock Returns"] D --> E{"Key Findings"} E --> F["Higher ESG Disagreement<br>associated with Lower Stock Returns"] E --> G["Disagreement mediates<br>the ESG-Performance relationship"]

Corporate Culture: Evidence from the Field ArXiv ID: ssrn-2937525 “View on arXiv” Authors: Unknown Abstract Does corporate culture matter? Can differences in corporate culture explain why similar firms diverge with one succeeding and the other failing? To answer these Keywords: Corporate Culture, Firm Performance, Strategic Divergence, Organizational Economics, Equities Complexity vs Empirical Score Math Complexity: 2.0/10 Empirical Rigor: 7.5/10 Quadrant: Street Traders Why: The paper relies on survey data and interviews, showing high empirical rigor through extensive data collection and validation tests, but uses minimal advanced mathematics, focusing on statistical correlations rather than complex derivations. flowchart TD A["Research Question: Does corporate culture matter?"] --> B["Methodology: Field Experiment"] B --> C["Data: Randomized Manager Training"] C --> D["Analysis: Diff-in-Diff Estimation"] D --> E{"Key Outcomes"} E --> F["Increased Employee Satisfaction"] E --> G["Higher Firm Performance"] E --> H["Strategic Convergence?"]

Does Corporate Governance Predict Firms’ Market Values? Evidence from Korea ArXiv ID: ssrn-2094729 “View on arXiv” Authors: Unknown Abstract We report strong OLS and instrumental variable evidence that an overall corporate governance index is an important and likely causal factor in explaining Keywords: corporate governance, OLS regression, instrumental variables, firm performance, agency theory, Equities (Corporate Governance) Complexity vs Empirical Score Math Complexity: 2.5/10 Empirical Rigor: 7.0/10 Quadrant: Street Traders Why: The paper relies on standard econometric techniques (OLS, 2SLS) with accessible interpretation (Tobin’s q, t-stats) rather than dense mathematical theory, but demonstrates strong empirical rigor through a large dataset, instrumental variables exploiting a natural experiment (regulatory threshold), and robustness checks. flowchart TD A["Research Goal<br>Does Corporate Governance<br>Predict Firm Market Value?"] --> B["Data Source<br>Korean Stock Market Data"] B --> C["Key Methodology<br>OLS & Instrumental Variables IV"] C --> D["Computational Process<br>Regressing Firm Value on<br>Corporate Governance Index"] D --> E{"Key Finding"} E --> F["Strong Causal Evidence<br>Corporate Governance<br>Significantly Predicts Market Value"]