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The level of sustainability and mutual fund performance in Europe: An empirical analysis using ESG ratings
16 references·16 citing·44 second hopsampled
The level of sustainability and mutual fund performance in Europe: An empirical analysis using ESG ratings (2021)The level of sustainability and mutual fu…Hedging Climate Change News (2019)Hedging Climate Change NewsWhy and How Investors Use ESG Information: Evidence from a Global Survey (2017)Why and How Investors Use ESG…The effects of environmental, social and governance disclosures and performance on firm value: A review of the literature in accounting and finance (2017)The effects of environmental,…Corporate Sustainability: First Evidence on Materiality (2016)Corporate Sustainability: Fir…ESG Integration and the Investment Management Process: Fundamental Investing Reinvented (2015)ESG Integration and the Inves…ESG and financial performance: aggregated evidence from more than 2000 empirical studies (2015)ESG and financial performance…The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)The Impact of Corporate Susta…Socially responsible funds and market crises (2014)Socially responsible funds an…From the Stockholder to the Stakeholder: How Sustainability Can Drive Financial Outperformance (2014)From the Stockholder to the S…Strategic management a stakeholder approach (2010)Strategic management a stakeh…The price of ethics and stakeholder governance: The performance of socially responsible mutual funds (2008)The price of ethics and stake…Mutual Fund Attributes and Investor Behavior (2007)Mutual Fund Attributes and In…Data Envelopment Analysis (2007)Data Envelopment AnalysisThe Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications (1995)The Stakeholder Theory of the…Measuring the efficiency of decision making units (1978)Measuring the efficiency of d…Mutual Fund Performance (1966)Mutual Fund PerformanceThe nexus of economic growth, energy prices, climate policy uncertainty (CPU), and digitalization on ESG performance in the USA (2025)The nexus of economic growth,…Sustainability ratings and fund performance: New evidence from European ESG equity mutual funds (2024)Sustainability ratings and fu…Artificial Intelligence and Environmental, Social and Governance: A Bibliometric Analysis Review (2024)Artificial Intelligence and E…When trackers are aware of ESG: Do ESG ratings matter to tracking error portfolio performance? (2023)When trackers are aware of ES…Sustainable investment and environmental, social, and governance investing: A bibliometric and systematic literature review (2023)Sustainable investment and en…Influence of distracted mutual fund investors on corporate ESG decoupling: evidence from China (2023)Influence of distracted mutua…ESG investment preference and fund vulnerability (2023)ESG investment preference and…Environmental, social, and governance activities and firm performance: Global evidence and the moderating effect of market competition (2023)Environmental, social, and go…Do ESG Risk Scores Influence Financial Distress? Evidence from a Dynamic NDEA Approach (2023)Do ESG Risk Scores Influence …Corporate social responsibility performance and the cost of capital in BRICS countries. The problem of selectivity using environmental, social and governance scores (2023)Corporate social responsibili…Nonlinear effects of ESG on energy‐adjusted firm efficiency: Evidence from the stakeholder engagement of apple incorporated (2022)Nonlinear effects of ESG on e…Mainstreaming socially responsible investment: Do environmental, social and governance ratings of investment funds converge? (2022)Mainstreaming socially respon…Integration of ESG Information Into Individual Investors’ Corporate Investment Decisions: Utilizing the UTAUT Framework (2022)Integration of ESG Informatio…EU financial regulations and social impact measurement practices: A comprehensive framework on finance for sustainable development (2022)EU financial regulations and …The Role of ESG in Sustainable Development: An Analysis Through the Lens of Machine Learning (2021)The Role of ESG in Sustainabl…Sustainable Finance and COVID-19: The Reaction of ESG Funds to the 2020 Crisis (2021)Sustainable Finance and COVID…The Measurement of Productive Efficiency (1957)Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis (1984)A Procedure for Ranking Efficient Units in Data Envelopment Analysis (1993)A slacks-based measure of efficiency in data envelopment analysis (2001)A power primer. (1992)On Persistence in Mutual Fund Performance (1997)G*Power 3: A flexible statistical power analysis program for the social, behavioral, and biomedical sciences (2007)Environmental, Social and Governance (ESG) Scores and Financial Performance of Multilatinas: Moderating Effects of Geographic International Diversification and Financial Slack (2019)The Influence of Firm Size on the ESG Score: Corporate Sustainability Ratings Under Review (2019)Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021)The theory and practice of corporate finance: evidence from the field (2001)The economic implications of corporate financial reporting (2005)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)The Importance of Climate Risks for Institutional Investors (2019)Sustainable investing with ESG rating uncertainty (2021)Environmental, Social, and Governance (ESG) disclosure: A literature review (2022)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Dynamic capabilities and strategic management (1997)The Social Responsibility of Business Is to Increase Its Profits (2007)Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis (2017)Corporate green bonds (2021)Common risk factors in the returns on stocks and bonds (1993)Do Investors Care about Carbon Risk? (2019)Mandatory CSR and sustainability reporting: economic analysis and literature review (2021)Risk, Return, and Equilibrium: Empirical Tests (1973)The Pricing of Options and Corporate Liabilities (1973)Illiquidity and stock returns: cross-section and time-series effects (2002)Attention to Global Warming (2019)Dissecting green returns (2022)Firm‐Level Climate Change Exposure (2023)Separation of Ownership and Control (1983)Stochastic Frontier Analysis (2000)Ecological total-factor energy efficiency of regions in China (2012)Data envelopment analysis: Prior to choosing a model (2013)The use of Data Envelopment Analysis (DEA) in healthcare with a focus on hospitals (2018)A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance (1995)The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications (1995)Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts (1997)Introduction (2002)Corporate Social Responsibility Theories: Mapping the Territory (2004)Corporate Social Responsibility: Strategic Implications* (2006)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Efficient Capital Markets: II (1991)
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References

  • 1978Measuring the efficiency of decision making units29,755 cited
  • 2010Strategic management a stakeholder approach24,023 cited
  • 1995The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications5,843 cited
  • 2015ESG and financial performance: aggregated evidence from more than 2000 empirical studies4,715 cited
  • 2014The Impact of Corporate Sustainability on Organizational Processes and Performance4,060 cited
  • 1966Mutual Fund Performance3,932 cited
  • 2007Data Envelopment Analysis2,060 cited
  • 2016Corporate Sustainability: First Evidence on Materiality1,945 cited
  • 2017Why and How Investors Use ESG Information: Evidence from a Global Survey1,718 cited
  • 2019Hedging Climate Change News1,484 cited
  • 2008The price of ethics and stakeholder governance: The performance of socially responsible mutual funds836 cited
  • 2017The effects of environmental, social and governance disclosures and performance on firm value: A review of the literature in accounting and finance836 cited
  • 2007Mutual Fund Attributes and Investor Behavior765 cited
  • 2015ESG Integration and the Investment Management Process: Fundamental Investing Reinvented703 cited
  • 2014From the Stockholder to the Stakeholder: How Sustainability Can Drive Financial Outperformance

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691 cited
  • 2014Socially responsible funds and market crises647 cited
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    • 2022EU financial regulations and social impact measurement practices: A comprehensive framework on finance for sustainable development66 cited
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    • 2023Influence of distracted mutual fund investors on corporate ESG decoupling: evidence from China58 cited
    • 2023Sustainable investment and environmental, social, and governance investing: A bibliometric and systematic literature review57 cited
    • 2022Integration of ESG Information Into Individual Investors’ Corporate Investment Decisions: Utilizing the UTAUT Framework54 cited
    • 2021Sustainable Finance and COVID-19: The Reaction of ESG Funds to the 2020 Crisis52 cited
    • 2021The Role of ESG in Sustainable Development: An Analysis Through the Lens of Machine Learning52 cited
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    • 2025The nexus of economic growth, energy prices, climate policy uncertainty (CPU), and digitalization on ESG performance in the USA44 cited
    • 2023Do ESG Risk Scores Influence Financial Distress? Evidence from a Dynamic NDEA Approach42 cited
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