The Journal of Finance· 2019Q1
Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows
- 1,519citations
- Q1SCImago
- 2019year
Short summary
Investors are willing to pay for sustainability: funds categorized as low sustainability experienced net outflows exceeding $12 billion, while high-sustainability funds saw net inflows over $24 billion, following a marketwide shock to sustainability salience.
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Strategy and ManagementBusiness, Management and Accounting