For whom does it pay to be a moral capitalist? Sustainability of corporate financial performance of ESG investment.
PLoS One
; 18(5): e0285027, 2023.
Article
in English
| MEDLINE | ID: covidwho-2315040
ABSTRACT
This paper analyzes the risk-return characteristics of socially responsible investing by employing a time-varying capital gain and Sharpe ratio analysis for various investment horizons. We employ the MSCI ESG (environmental, social and governance) leaders indices in ten markets encompassing Australia, Canada, Europe, Japan, UK, USA, China, India, Russia, and South Africa. Our sample ranges from 2007-2020. We document that ESG investments have very desirable return and hedging attributes for investors in these markets, and especially so in the USA and emerging markets.
Full text:
Available
Collection:
International databases
Database:
MEDLINE
Main subject:
Organizations
/
Investments
Type of study:
Prognostic study
Country/Region as subject:
North America
/
Asia
Language:
English
Journal:
PLoS One
Journal subject:
Science
/
Medicine
Year:
2023
Document Type:
Article
Affiliation country:
Journal.pone.0285027
Similar
MEDLINE
...
LILACS
LIS