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Francesca Bernini

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Sep 2026

Do digitalization and governance boost the value of ESG?

Drawing insights from contingency and signaling theories, this study aims to examine when and how stronger environmental, social, and governance (ESG) performance contributes to a lower cost of equity (COE). More specifically, we explore the role of organizations' digitalization efforts and sustainability governanc...

Francesca Bernini, Paola Ferretti, Pierluigi Martino · 0 citations

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