Analyzing Active Fund Managers’ Commitment to ESG: Evidence from the United Nations Principles for Responsible Investment
References
- (2016) Which factors matter to investors? Evidence from mutual fund flows. Rev. Financial Stud. 29(10):2600–2642.Crossref, Google Scholar
- (2020) The illusory promise of stakeholder governance. Working paper, Harvard University, Cambridge, MA.Google Scholar
- (2020) Aggregate confusion: The divergence of ESG ratings. Working paper, MIT Sloan School of Management, Cambridge, MA.Google Scholar
- (2004) Mutual fund flows and performance in rational markets. J. Political Econom. 112(6):1269–1295.Crossref, Google Scholar
- (2016) Assessing asset pricing models using revealed preference. J. Financial Econom. 119(1):1–23.Crossref, Google Scholar
- (1997) On persistence in mutual fund performance. J. Finance 52(1):67–82.Crossref, Google Scholar
- CFA Institute (2017) ESG survey. Accessed April 7, 2022, https://www.cfainstitute.org/-/media/documents/survey/esg-survey-report-2017.ashx#:~:text=The%20survey%20closed%20on%2023,of%20error%20of%20%C2%B1%202.4%25.&text=73%25%20OF%20SURVEY%20RESPONDENTS%20TAKE,COMMON%2C%20THE%20SAME%20AS%202015.Google Scholar
- (2021) Walk the talk: ESG mutual fund voting on shareholder proposals. Working paper, University of Virginia, Charlottesville, VA.Google Scholar
- (2020) Coordinated engagements. Working paper, London Business School, London.Google Scholar
- (2015) Managerial activeness and mutual fund performance. Rev. Asset Pricing Stud. 5(2):156–184.Crossref, Google Scholar
- (1993) Common risk factors in the returns of stocks and bonds. J. Financial Econom. 33(1):3–56.Crossref, Google Scholar
- (2016) Taste, information, and asset prices: Implications for the valuation of CSR. Rev. Account. Stud. 21(3):740–767.Crossref, Google Scholar
- (2020) Interested intermediaries. Working paper, University of California–Los Angeles, Los Angeles.Google Scholar
- (2015) Mean-variance stochastic goal programming for sustainable mutual funds’ portfolio selection. Revista Electrónica de Comunicaciones y Trabajos de ASEPUMA 16(2):135–147.Google Scholar
- (2020) Responsible institutional investing around the world. Working paper, University of Geneva, Geneva.Google Scholar
- (2016) Causal inference in accounting research. J. Accounting Res. 54(2):477–523.Crossref, Google Scholar
- (2016) Shareholder activism on sustainability issues. Working paper, University of Toronto, Toronto.Google Scholar
- (2019) Do investors value sustainability? A natural experiment examining ranking and fund flows. J. Finance 74(6):2789–2837.Crossref, Google Scholar
- (2016) Corporate sustainability: First evidence on materiality. Accounting Rev. 91(6):1697–1724.Crossref, Google Scholar
- (2021) Contradictory voting by ESG funds. Working paper, University of Florida, Gainesville, FL.Google Scholar
- (2020) Greenwashing. Working paper, London School of Economics, London.Google Scholar
- (2021) Do the socially responsible walk the talk? Working paper, London School of Economics, London.Google Scholar
- (2022a) Stock price reactions to ESG news: The role of ESG ratings and disagreement. Rev. Accounting Stud. Forthcoming.Google Scholar
- (2022b) Which corporate ESG news does the market react to? Financial Analysts J. 78(1):59–78.Crossref, Google Scholar
- (2021) Capital allocation and the market for mutual funds: Inspecting the mechanism. Working paper, University of Pennsylvania, Philadelphia.Google Scholar
- (2022) Do high ability managers choose ESG projects that create shareholder value? Evidence from employee opinion. Rev. Accounting Stud. Forthcoming.Google Scholar

