Can ESG Add Alpha? An Analysis of ESG Tilt and Momentum Strategies

By Z. Nagy, Altaf Kassam, Linda-Eling Lee. Journal of Investing, 2016

116 citations recorded by the source corpus.

Subfields: Cellular and Molecular Neuroscience, Cognitive Neuroscience, Psychiatry and Mental health

View Paper: https://www.semanticscholar.org/paper/64f77da4f8ce5906a73ffe4e9eec7c49c0960acc

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

1. Gagan Deep Sharma
2. Gaurav Talan
3. Guido Giese
4. Linda-Eling Lee
5. D. Melas
6. Laura Nishikawa
7. Z. Nagy
8. Ilze Zumente

Citations in the corpus

• Foundations of ESG Investing: How ESG Affects Equity Valuation, Risk, and Performance (2019, background): “In a more practical analysis, Nagy, Kassam, and Lee (2016) show that an investment strategy that tilts a hypothetical standard market cap–weighted portfolio toward companies that show a positive ESG rating trend significantly outperformed both the benchmark and a comparable strategy that tilted the…”
• ESG and financial performance: aggregated evidence from more than 2000 empirical studies (2015, unknown): “Journal of Sustainable Finance & Investment, 2015 Vol. 5, No. 4, 210–233, http://dx.doi.org/10.1080/20430795.2015.1118917 Orlitzky 2015; PRI 2015b).”
• Doing Well by Doing Good: A Systematic Review and Research Agenda for Sustainable Investment (2019, background): “On the other hand, from a sample of UK firms, Humphrey, Lee, & Shen [77] found no difference in the financial performance of firms which were ranked high or low on ESG parameters.”