THE IMPACT OF ESG TRANSFORMATION AND MACROECONOMIC SHOCKS ON CORPORATE FINANCE: ADAPTATION OF CAPITAL STRUCTURE AND VALUE OF EMERGING MARKET FIRMS
The objective of the study is to develop a methodology for quantitatively assessing the impact of sovereign ESG ratings and macroeconomic shocks on the cost of debt capital and optimizing the capital structure of companies in emerging markets. The main results of the study: theoretical approaches to modifying classical...