the topic is how the ESG score affects the capital structure. Nasdaq 100 companies, data before covid at least 3 years.
Dependent variable : Capital structure (debt ratio)
Independent variable: ESG combined score ,E-score, S-score, G-score
Control variables : size (total assets)
time, industry, inflation,
Tangible asset (total assets-current assets)/ TA
credit rating (SCR, structural credit rating)
Market to book ratio