Why Do Investors Hold Socially Responsible Mutual Funds?: Why Do Investors Hold Socially Responsible Mutual Funds?
By Arno Riedl, Paul Smeets. 2017
926 citations recorded by the source corpus.
Subfields: Accounting, Safety Research, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/05813d6b49eb2025536dc26a37bcf96e4a4c46e7
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Malcolm P. Baker
- Jeffrey Wurgler
- George Serafeim
- Sheridan Titman
- Julian F. Kölbel
- Björn Rock
- Yannik Bofinger
- Kim J. Heyden
In Safety Research
- Daniel Bergstresser
- Serena Fatica
- Roberto Panzica
- Michela Rancan
- Jie Cao
- Weiming Zhang
- David F. Larcker
- Malcolm P. Baker
In Strategy and Management
- Malcolm P. Baker
- Jeffrey Wurgler
- George Serafeim
- Sheridan Titman
- Julian F. Kölbel
- Björn Rock
- Yannik Bofinger
- Kim J. Heyden
Citations in the corpus
- Get Real! Individuals Prefer More Sustainable Investments (2018, neutral): “Some studies find investors to expect lower risk adjusted returns (Renneboog et al., 2008; Riedl and Smeets, 2017).”
- The pricing of green bonds: Are financial institutions special? (2019, positive): “This evidence is consistent with specific investor preferences driving market prices, as high-lighted by the literature on socially responsible investments (Riedl and Smeets, 2017; Barber et al., 2018; Hartzmark and Sussman, 2019).”
- Sustainable investing in equilibrium (2019, neutral): “Investors in SRI funds also indicate willingness to forgo financial performance to accommodate their social preferences (Riedl and Smeets, 2017).”
- Can Sustainable Investing Save the World? Reviewing the Mechanisms of Investor Impact (2020, background): “Today too, many investors are attracted to SI due to their altruistic motives (Hartzmark & Sussman, 2017; Riedl & Smeets, 2017), expecting that SI will allow them to make a positive impact.”
- Financing the Response to Climate Change: The Pricing and Ownership of U.S. Green Bonds (2018, positive): “Martin and Moser (2015) confirm this in an experiment, while Riedl and Smeets (2015) provide further corroboration using administrative and survey data from a sample of Dutch investors in mutual funds that have Socially Responsible Investment (SRI) mandates.”
- ESG Preference, Institutional Trading, and Stock Return Patterns (2020, positive): “(7)See also Ridel and Smeets (2017), who find that socially responsible investors are willing to forgo financial performance because of their preference for positive social impacts.”