A tale of values-driven and profit-seeking social investors

By Jeroen Derwall, Kees G. Koedijk, J. T. Horst. 2011

423 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

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Citations in the corpus

(Preprint) (2018, background): “Journal of Cleaner Production, 162, 1334-1345. aforementioned literature (Nilsson, 2009; Praestbro and Winther, 2011; Derwall et al., 2011; Ballestero et al., 2012) not only the SR investors but also conventional ones.”
The capitalization of green labels in the California housing market (2014, background): “…public transportation hub. els in the California housingmarket, Regional Science and Urban Eco- conscious may increase the value of “green” homes, because it is a visible signal of environmental virtue — like private investors' preference for socially responsible investments (Derwall et al., 2011).”
Does it pay to be ethical? Evidence from the FTSE4Good (2014, background): “6 See Derwall et al. (2011) for an excellent and detailed review of SRI stock performance studies.”
Banks and environmental, social and governance drivers: Follow the market or the authorities? (2021, neutral): “The underlying hypothesis of the two models is that a wealthmaximising effect drives investors who prefer stocks with high ESGP due to a positive influence of ESG actions on future earnings and positive market expectations formed by institutional and individual investors beyond financial returns (De”
Socially Responsible Funds and Market Crises (2014, background): “Positive abnormal returns have been identified for some types of SRI, specifically for firms with high employee satisfaction (Edmans, 2011; Statman and Glushkov, 2009; Derwall, Koedijk, and Horst, 2011) and good corporate governance (Bebchuk, Cohen, and Ferrell, 2009).”
Ethical requirement and financial interest: a literature review on socially responsible investing (2015, background): “Derwall et al. (2011) argue that the different investment styles of investors might be the reason for the variety of results.”
The Robustness of the Corporate Social and Financial Performance Relation: A Second‐Order Meta‐Analysis (2018, background): “Scholars suggest that institutional investors increasingly focus on stakeholder issues (Borgers et al., 2013; Derwall et al., 2011).”