-off between profitability and sustainability preferences when investing in environmental, social and governance (ESG). We explore …

We find that mutual funds holding a larger concentration of high gross profitability stocks generate better future … performance. The outperformance of these funds is not driven by a profitability-related risk premium and is not a byproduct of … profitability anomaly possess greater skill and create value by attracting future fund inflows and by growing fund assets under …

relative profitability, with emphasis on high-performance banks. Bank funds management is an increasingly major component of …