The effects of mutual fund decarbonization on stock prices and carbon emissions
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DOI: 10.1016/j.jbankfin.2021.106352
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Citations
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Cited by:
- Simone Giansante & Mahmoud Fatouh & Nicholas Dove, 2023. "Carbon Emissions Announcements and Market Returns," Sustainability, MDPI, vol. 15(13), pages 1-16, June.
- Marupanthorn, Pasin & Nikitopoulos, Christina S. & Ofosu-Hene, Eric D. & Peters, Gareth W. & Richards, Kylie-Anne, 2024. "Mechanisms for implementing fossil fuel divestment in portfolio management with impact on risk, return and carbon reduction," Energy Economics, Elsevier, vol. 136(C).
- Johannes Lundberg, 2022. "Agency Theory’s “Truth Regime”: Reading Danish Pension Funds’ Decisions Regarding Shell from the Perspective of Agency Theory," Sustainability, MDPI, vol. 14(22), pages 1-15, November.
- Jonas Zink, 2024. "Which investors support the transition toward a low-carbon economy? Exit and Voice in mutual funds," Journal of Asset Management, Palgrave Macmillan, vol. 25(2), pages 147-161, March.
- Alper Gormus & Saban Nazlioglu & Elif Gormus, 2024. "ESG impact on oil and natural gas financialization through price transmission," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 48(3), pages 685-707, September.
- Banerjee, Rhythm, 2024. "Shifting Tides: the Effect of Institutional Divestments on the Global Market," MPRA Paper 121922, University Library of Munich, Germany, revised 11 Apr 2024.
- Michael D. Bauer & Daniel Huber & Glenn D. Rudebusch & Ole Wilms, 2023.
"Where Is the Carbon Premium? Global Performance of Green and Brown Stocks,"
CESifo Working Paper Series
10246, CESifo.
- Bauer, Michael & Huber, Daniel & Rudebusch, Glenn & Wilms, Ole, 2023. "Where is the Carbon Premium? Global Performance of Green and Brown Stocks," CEPR Discussion Papers 17824, C.E.P.R. Discussion Papers.
- Bauer, Michael & Huber, Daniel & Rudebusch, Glenn & Wilms, Ole, 2022.
"Where is the carbon premium? Global performance of green and brown stocks,"
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6b117156-316d-440a-9fa5-b, Tilburg University, School of Economics and Management.
- Bauer, Michael & Huber, Daniel & Rudebusch, Glenn & Wilms, Ole, 2023. "Where is the Carbon Premium? Global Performance of Green and Brown Stocks," CEPR Discussion Papers 17824, C.E.P.R. Discussion Papers.
- Michael D. Bauer & Daniel Huber & Glenn D. Rudebusch & Ole Wilms, 2023. "Where Is the Carbon Premium? Global Performance of Green and Brown Stocks," CESifo Working Paper Series 10246, CESifo.
- Paolo Angelini, 2024. "Portfolio decarbonisation strategies: questions and suggestions," Questioni di Economia e Finanza (Occasional Papers) 840, Bank of Italy, Economic Research and International Relations Area.
- Mahdi Salehi & Seyed Hamed Fahimifard & Grzegorz Zimon & Andrzej Bujak & Adam Sadowski, 2022. "The Effect of CO 2 Gas Emissions on the Market Value, Price and Shares Returns," Energies, MDPI, vol. 15(23), pages 1-17, December.
- Alper Gormus & Saban Nazlioglu & Steven L. Beach, 2023. "Environmental, Social, and Governance Considerations in WTI Financialization through Energy Funds," JRFM, MDPI, vol. 16(4), pages 1-17, April.
- Suleman, Muhammad Tahir & Rehman, Mobeen Ur & Sheikh, Umaid A. & Kang, Sang Hoon, 2023. "Dynamic time-frequency connectedness between European emissions trading system and sustainability markets," Energy Economics, Elsevier, vol. 123(C).
- Loyson, Philipe & Luijendijk, Rianne & van Wijnbergen, Sweder, 2023.
"The pricing of climate transition risk in Europe's equity market,"
CEPR Discussion Papers
18289, C.E.P.R. Discussion Papers.
- Philippe Loyson & Rianne Luijendijk & Sweder van Wijnbergen, 2023. "The pricing of climate transition risk in Europe’s equity market," Tinbergen Institute Discussion Papers 23-041/IV, Tinbergen Institute.
- Lu, Shuai & Li, Shouwei, 2023. "Is institutional herding efficient? Evidence from an investment efficiency and informational network perspective," Journal of Behavioral and Experimental Finance, Elsevier, vol. 39(C).
- Jovelyn Ferrer & Juliana Malagon & Enrique ter Horst, 2023. "Does Climate Change News Matter?," Sustainability, MDPI, vol. 15(18), pages 1-16, September.
- Philippe Loyson & Rianne Luijendijk & Sweder van Wijnbergen, 2023. "The pricing of climate transition risk in Europe’s equity market," Working Papers 788, DNB.
- Diego P. Guisande & Maretno Agus Harjoto & Andreas G. F. Hoepner & Conall O’Sullivan, 2024. "Ethics and Banking: Do Banks Divest Their Kind?," Journal of Business Ethics, Springer, vol. 192(1), pages 191-223, June.
- Egerer, Elsa, 2023. "Eine wirkungsorientierte Finanzmarktstrategie zur Reduktion von Treibhausgasemissionen – Ergebnisse aus dem FIRN-Projekt," OSF Preprints ujvpm, Center for Open Science.
- Banerjee, Ameet Kumar & Özer, Zeynep Sueda & Rahman, Molla Ramizur & Sensoy, Ahmet, 2024. "How does the time-varying dynamics of spillover between clean and brown energy ETFs change with the intervention of climate risk and climate policy uncertainty?," International Review of Economics & Finance, Elsevier, vol. 93(PA), pages 442-468.
- Jin, Chenfei & Monfort, Abel & Chen, Feng & Xia, Neng & Wu, Bao, 2024. "Institutional investor ESG activism and corporate green innovation against climate change: Exploring differences between digital and non-digital firms," Technological Forecasting and Social Change, Elsevier, vol. 200(C).
- Mark E. Bateman & Lisa R. Goldberg, 2023. "Ownership of ESG characteristics," Journal of Asset Management, Palgrave Macmillan, vol. 24(7), pages 534-540, December.
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More about this item
Keywords
Mutual funds; Decarbonization; Divestment; Price pressure; Carbon intensity; Climate change; Carbon emissions; Impact investing;All these keywords.
JEL classification:
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
- Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
Statistics
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