The weighting of CSR dimensions: Does one size fit all?, Gunther Capelle-Blancard, Aurélien Petit, CES, University Paris 1 Panthéon-Sorbonne, 2014
This paper proposes an original weighting scheme based on media and NGO scrutiny. To this end, we analyze thousands of items of ESG news (good or bad) published by the media or NGOs concerning 100 firms over the 2002-2010 period. This database was provided by Covalence, an information provider which systematically collects ESG news concerning the world’s largest companies. We use this detailed information to provide a set of weights which reflect society’s concerns regarding CSR, and which differ across sectors.
