This paper investigates the cross-quantile relationship between Bitcoin, a carbon-intensive cryptocurrency, and environmentally sustainable financial markets, such as green cryptocurrencies, carbon prices, green stocks, and green bonds. Using a cross-quantilogram approach, our results show that...

1.The Effect of COVID19 on the Relationship between Environmental Performance and Financial Performance: Insight from the US Tourism Sector -- 2.Understanding Drivers of Boom and Bust in Cryptocurrency Markets -- 3.Unraveling Profitability Determinants of Insurance Companies in Kazakhstan:...

By developing a taxonomy for sustainable investments, the EU Commission has created the first standardized criteria for climate-friendly economic activities.To achieve the goal of climate neutrality by 2050, firms and investors must be well informed of which investments avoid greenhouse gas...

In this paper we examine whether sustainability characteristics of stocks and bonds affect asset allocations of wealthy retail investors. Using a large proprietary dataset of a private bank with monthly investment holdings of European private wealth investors, we document significantly larger...

Using the implementation of the "Guidelines for Establishing the Green Financial System" (GEGFS) released in China in 2016 as a natural experiment, we adopt the difference-in-differences (DID) method to explore the influence of a green finance (GF) policy on the green transition of enterprises...

This paper examines the mainstream theories of "financial sustainability" and "financial development". It is suggested understanding "financial development" as the complex dynamic characteristics of the financial sector, which is formed under the influence of financial and economic policy...