Although the environmental, social, and governance (ESG) has gained increasing attention among investors, the extent to which ESG is compensated systematically in the market remains to be investigated. On the outperformance of responsible investing (RI) which incorporates ESG into investment...

If you are looking to invest some money in stocks, are environmentally conscious and are frustrated with the way big corporations pollute environment, then green mutual funds may be for you. Despite being among the most recent types of funds in the market, these mutual funds have gained in...

Investment funds marketed as “sustainable” or “ESG” (Environmental, Social and Governance) have proliferated in recent years. In the wake of this trend, skepticism is looming among the public over the trustworthiness of these financial actors and the distinctiveness of their investment...

The relationship between ESG performance and institutional investors' shareholding preference needs to be further studied as ESG investment concept has received wide attention and recognition in international capital markets. In this paper, the relationship and mechanism of ESG performance,...

We examine one special focus of Special Purpose Acquisition Companies (SPACs), namely environmental, social and governance (ESG) related investments. By collecting data from several sources on 1,737 SPAC IPOs formed between 2003 and 2022, we classify SPAC’s focus on ESG based on declared focus...

We investigate the occurrence of greenwashing in the US mutual fund industry. Using panel regression methods, we test whether there exist differences in the portfolio investment behaviors of active equity funds that are self-declared to be driven by ESG motives when compared to all other funds....