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Flow-Driven ESG Returns
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Flow-Driven ESG Returns (2026)Flow-Driven ESG ReturnsDissecting green returns (2022)Dissecting green returnsSustainable investing in equilibrium (2020)Sustainable investing in equi…Responsible Investing: The ESG-Efficient Frontier (2019)Responsible Investing: The ES…Do Investors Care about Carbon Risk? (2019)Do Investors Care about Carbo…Disaster on the horizon: The price effect of sea level rise (2019)Disaster on the horizon: The …Climate risks and market efficiency (2018)Climate risks and market effi…Carbon Tail Risk (2018)Carbon Tail RiskThe other side of value: The gross profitability premium (2013)The other side of value: The …The Granular Origins of Aggregate Fluctuations (2011)The Granular Origins of Aggre…Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)Does the stock market fully v…The price of sin: The effects of social norms on markets (2009)The price of sin: The effects…How Active Is Your Fund Manager? A New Measure That Predicts Performance (2009)How Active Is Your Fund Manag…Dumb money: Mutual fund flows and the cross-section of stock returns (2008)Dumb money: Mutual fund flows…Asset Fire Sales (and Purchases) in Equity Markets (2005)Asset Fire Sales (and Purchas…Inferring Trade Direction from Intraday Data (1991)Inferring Trade Direction fro…Do Demand Curves for Stocks Slope Down? (1986)Do Demand Curves for Stocks S…Drawing up the bill: Are ESG ratings related to stock returns around the world? (2025)Drawing up the bill: Are ESG …The impact of ESG risks on corporate value (2023)The impact of ESG risks on co…The Economic Impact of ESG Ratings (2022)The Economic Impact of ESG Ra…Scopes of carbon emissions and their impact on green portfolios (2022)Scopes of carbon emissions an…Green Bond Pricing and Greenwashing under Asymmetric Information (2022)Green Bond Pricing and Greenw…Demand for ESG (2022)Demand for ESGGreen Sentiment, Stock Returns, and Corporate Behavior (2021)Green Sentiment, Stock Return…Editor's Choice Digesting Anomalies: An Investment ApproachRisk, Return, and Equilibrium: Empirical Tests (1973)Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Common risk factors in the returns on stocks and bonds (1993)… and the Cross-Section of Expected Returns (2015)Replicating Anomalies (2018)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The market for corporate control (1983)Noise (1986)The determinants of cross-border equity flows (2004)An Engine, Not a Camera (2006)The cost of capital, corporation finance and the theory of investment (2008)A theory of human motivation. (1943)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows (2017)Corporate Governance and Equity Prices (2003)Liquidity Risk and Expected Stock Returns (2003)Sustainable investing with ESG rating uncertainty (2021)Firm‐Level Climate Change Exposure (2023)The Cross-Section of Expected Stock Returns (1992)On Persistence in Mutual Fund Performance (1997)Presidential Address: Asset Price Dynamics with Slow‐Moving Capital (2010)Fire Sales in Finance and Macroeconomics (2011)A Simple Model of Capital Market Equilibrium with Incomplete Information (1987)The Importance of Climate Risks for Institutional Investors (2019)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Luck versus Skill in the Cross‐Section of Mutual Fund Returns (2010)Measuring skill in the mutual fund industry (2015)A Rational Theory of Mutual Funds' Attention Allocation (2016)Do Stock Prices Fully Reflect Information in Accruals and Cash Flows About Future Earnings? (1996)Individual and Corporate Social Responsibility (2009)Commonality in liquidity (2000)Is Information Risk a Determinant of Asset Returns? (2002)Does Algorithmic Trading Improve Liquidity? (2011)
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References

  • 2019Do Investors Care about Carbon Risk?3,361 cited
  • 1991Inferring Trade Direction from Intraday Data3,150 cited
  • 2009The price of sin: The effects of social norms on markets2,600 cited
  • 2011Does the stock market fully value intangibles? Employee satisfaction and equity prices2,504 cited
  • 2020Sustainable investing in equilibrium2,229 cited
  • 2019Responsible Investing: The ESG-Efficient Frontier2,100 cited
  • 2013The other side of value: The gross profitability premium1,977 cited
  • 2005Asset Fire Sales (and Purchases) in Equity Markets1,704 cited
  • 2009How Active Is Your Fund Manager? A New Measure That Predicts Performance1,660 cited
  • 1986Do Demand Curves for Stocks Slope Down?1,524 cited
  • 2011The Granular Origins of Aggregate Fluctuations1,373 cited
  • 2018Carbon Tail Risk1,129 cited
  • 2022Dissecting green returns1,129 cited
  • 2018Climate risks and market efficiency963 cited
  • 2019Disaster on the horizon: The price effect of sea level rise886 cited
  • 2008Dumb money: Mutual fund flows and the cross-section of stock returns

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  • 2023The impact of ESG risks on corporate value107 cited
  • 2022The Economic Impact of ESG Ratings65 cited
  • 2022Scopes of carbon emissions and their impact on green portfolios52 cited
  • 2025Drawing up the bill: Are ESG ratings related to stock returns around the world?42 cited
  • 2021Green Sentiment, Stock Returns, and Corporate Behavior41 cited
  • 2022Demand for ESG39 cited
  • 2022Green Bond Pricing and Greenwashing under Asymmetric Information32 cited