I want to know to investigate whether there is an association between Environmental, Social & Governance (ESG) scores and a bunch of firms stock performance in terms of higher stock returns and lower stock volatility for two years. In other words, the daily return of the stocks in my sample will be regressed on ESG scores and a lot of other control variables.
The stock return (dependent variables) is daily, whereas the ESG scores and control variables (independent variables) are yearly.
What is the appropriate method to deal with such a situation?
The stock return (dependent variables) is daily, whereas the ESG scores and control variables (independent variables) are yearly.
What is the appropriate method to deal with such a situation?
