Corporate reputational dynamics and their impact on global commodity markets
研究了跨国大宗商品企业负面ESG声誉事件对股市的影响,发现G7与非G7国家市场反应不同,小麦、大米和可可等商品更易受冲击,而石油和黄金则表现出韧性。
This research examines investor response to negative Environmental, Social, and Governance (ESG) reputational events across international commodity-related corporations. By distinguishing between G7 and non-G7 nations, we highlight a negative equity market response to such ESG-related reputational events, emphasising the influence of regional, governance and environmental factors alongside corporate reporting practices. The research further assesses the potential of corporate ESG preparedness in mitigating negative market outcomes. It also identifies commodities such as wheat, rice, and cocoa to be notably susceptible to reputational dynamics, whereas commodity markets such as oil and gold present evidence of marked resilience. The findings emphasise the importance of sector-specific regulatory approaches to ensure rigorous governance standards, especially in essential food production sectors.