Studies have used ESG ratings to measure CSR; however, these ratings provide an overall measure that does not consider the capabilities of companies to fulfil social and environmental standards. We propose a cross-sectional regression to estimate inclusive ESG ratings in order to assess...

Financial literature has analyzed how previous trading decisions of some portfolio managers influence the subsequent trading of other peers. This paper contributes to the literature by proposing a new methodological approach to capture the time varying evolution of the leader-follower...

This paper investigates the determinants of investment decisions on Spanish mon- ey market funds. It belongs, therefore, to the growing area of behavioural finance. The study offers a double perspective because it analyses both money and investor flows. The empirical evidence shows that past...