The Role of ESG Factors in Corporate Credit Risk Assessment

cris.sourceIdoai:journals.unwe.bg:article/117
dc.creatorStamenova, Radostinaen
dc.date2025-03-27
dc.date.accessioned2026-09-24T23:09:18Z
dc.date.available2026-09-24T23:09:18Z
dc.descriptionThis study examines the role of environmental, social, and governance (ESG) factors in assessing corporate credit risk, with a particular focus on their integration into credit rating methodologies. Through a critical analysis of the scientific literature and the practices of leading credit rating agencies, it is proved that while ESG factors provide an important tool for risk identification, their integration into credit analysis is accompanied by significant challenges. The findings emphasize the need for a phased approach based on transparency, standardized methodology, and data reliability, enabling the validation of rating models while adapting them to the contemporary requirements of sustainable development.en
dc.formatapplication/pdf
dc.identifierhttps://rp.unwe.bg/index.php/rp/article/view/117
dc.identifier10.37075/RP.2025.1.16
dc.identifier.urihttps://ds.e-dnrs.org/handle/123456789/797
dc.languagebg
dc.publisherAcademic Publishing UNWE (AP-UNWE)en
dc.relationhttps://rp.unwe.bg/index.php/rp/article/view/117/109
dc.rightsCopyright (c) 2025 Radostina Stamenova (Author)en
dc.rightshttps://creativecommons.org/licenses/by/4.0en
dc.sourceResearch Papers of UNWE; No. 1 (2025); 303-315en
dc.subjectCredit ratingen
dc.subjectCredit risken
dc.subjectEsg factorsen
dc.subjectSustainable developmenten
dc.subjectG24 - Investment Banking • Venture Capital • Brokerage • Ratings and Ratings Agenciesen
dc.subjectG32 - Financing Policy • Financial Risk and Risk Management • Capital and Ownership Structure • Value of Firms • Goodwillen
dc.subjectQ56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growthen
dc.titleThe Role of ESG Factors in Corporate Credit Risk Assessmenten
dc.typePeer-reviewed Articleen

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