When and where does it pay to be green? – A look into socially responsible investing and the cost of equity capital
Abstract We investigate the circumstances under which socially responsible investing (SRI) enhances firm long-term financial performance, and therefore provides incentives for firms to self-regulate their environmental performance. Aggregating portfolios across SRI mutual funds, we estimate the effe...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SpringerOpen
2023-02-01
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| Series: | International Journal of Corporate Social Responsibility |
| Subjects: | |
| Online Access: | https://doi.org/10.1186/s40991-023-00077-5 |