The DOI matches its Crossref record; 49 of the 49 references it cites were found in a registry or an index.
Impact investing
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In the citing paper
“Barber et al. (2021), Hartzmark and Sussman (2019), and Ceccarelli et al. (2023) document that investors value sustainability.”
From A review on ESG investing: Investors' expectations, beliefs and perceptions (2024) · cites this paper as Barber et al. (2021)
In the citing paper
“These investors have a general expectation that incorporating ESG issues in their investment decisions will result in lower risk or higher returns, whether through portfolio selection or firm engagement”
From Presidential Address: Sustainable Finance and ESG Issues— Value versus Values (2023) · cites this paper as Barber, Morse, and Yasuda (2021)
In the citing paper
“As discussed earlier, Baker, Egan, and Sarkar (2022) and Barber, Morse, and Yasuda (2021) provide evidence that some people are willing to give up returns to invest according to their preferences.”
From Presidential Address: Sustainable Finance and ESG Issues— Value versus Values (2023) · cites this paper as Barber, Morse, and Yasuda (2021)
Citations
Cites
Conditional logit analysis of qualitative choice behavior
McFadden, D. L. (1972) · eScholarship (California Digital Library) · Cited by 14,203
Hedonic prices and implicit markets: product differentiation in pure competition
Rosen, S. (1974) · Journal of Political Economy · doi:10.1086/260169 · Cited by 10,603
Cragg, J. G., & Zarembka, P. (1975) · Canadian Journal of Economics/Revue canadienne d économique · doi:10.2307/134075 · Cited by 8,477
Golden eggs and hyperbolic discounting
Laibson, D. (1997) · The Quarterly Journal of Economics · doi:10.1162/003355397555253 · Cited by 6,122
Impure Altruism and Donations to Public Goods: A Theory of Warm-Glow Giving
Andreoni, J. (1990) · The Economic Journal · doi:10.2307/2234133 · Cited by 5,825
Fama, E., & French, K. (1997) · Journal of Financial Economics · doi:10.1016/s0304-405x(96)00896-3 · Cited by 5,776
Epstein, L. G., & Zin, S. E. (1989) · Econometrica · doi:10.2307/1913778 · Cited by 4,046
Giving with Impure Altruism: Applications to Charity and Ricardian Equivalence
James Andreoni, A. (1989) · Journal of Political Economy · doi:10.1086/261662 · Cited by 3,165
The price of sin: The effects of social norms on markets
Hong, H., & Kacperczyk, M. (2009) · Journal of Financial Economics · doi:10.1016/j.jfineco.2008.09.001 · Cited by 2,601
Do institutional investors drive corporate social responsibility? International evidence
Dyck, A., Lins, K. V., Roth, L., & Wagner, H. F. (2019) · Journal of Financial Economics · doi:10.1016/j.jfineco.2018.08.013 · Cited by 2,547
Cited by
Sorted by citations
Items 701–729 of 729
The Role of Information Format in Sustainable Investment Choice
Brunne, J. (2026) · Journal of Behavioral Finance · doi:10.1080/15427560.2026.2690915
Challenges and prospects for sustainable investment - A systematic literature review
Vargas-Merino, J. A., & Ríos-Lama, C. A. (2026) · Social Sciences & Humanities Open · doi:10.1016/j.ssaho.2026.103199 · Cited by 1
Oktris, L., Zahari, A. I., Suharmadi, & Hirdinis, M. (2026) · Journal of Sustainability · doi:10.55845/jos-2026-22190
Basnet, A., Blomkvist, M., & Lazos, A. (2026) · Entrepreneurship Theory and Practice · doi:10.1177/10422587261463523
When ESG hurts: environmental policy stringency and ESG retreat in China’s institutional investors
Luo, R., Liu, Q., & Chen, Z. (2026) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2026.107778
Gauer, K. (2026) · SSRN Electronic Journal · doi:10.2139/ssrn.7161800
Schmidt, L., Altmeier, A., Fisch, C. O., & Obschonka, M. (2026) · Journal of Business Ethics · doi:10.1007/s10551-026-06413-6
Safe Haven: The ESG Investment of Funds Under the Industry Contagion Risk
Xuan, Q., Yi, T., & Li, Z. (2026) · Accounting and Finance · doi:10.1111/acfi.70272
What Do Impact Investors Do Differently?
Cole, S. A., Jeng, L. A., Lerner, J., Rigol, N., & Roth, B. (2026) · Review of Financial Studies · doi:10.1093/rfs/hhag074
Li, C., 韩, 娜., & Li, J. (2026) · SSRN Electronic Journal · doi:10.2139/ssrn.7350424
Auzepy, A., Bannier, C. E., & Gärtner, F. (2026) · International Review of Economics & Finance · doi:10.1016/j.iref.2026.105773 · Cited by 10
Xia, F., Thewissen, J., Momtaz, P. P., & Yan, S. (2026) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2026.106641
Igboanua, C., Siefkes, M., Schillebeeckx, S. J. D., & Hakala, H. (2026) · Journal of Business Venturing · doi:10.1016/j.jbusvent.2026.106642
The reward of green investment: Evidence from the co-holding network of mutual funds in China
Chi, R., & Wang, Q. (2026) · Emerging Markets Review · doi:10.1016/j.ememar.2026.101555
Investor Orientation and Commitment in Outcomes‐Based Public Service Contracts
Domingos, F. D., Caluz, A. D. R. E., Gibson, M., & Magnani, V. M. (2026) · Public Administration Review · doi:10.1111/puar.70193
Aligning Private Equity with Nature: Governance and Financing
Dubocage, E. (2026) · Palgrave Studies in Sustainable Futures. · doi:10.1007/978-3-031-72931-7_30-1
Opening the Black Box of Sustainable Investing: Examining the Impact of Psychological Distance
Kleffel, P., Barkemeyer, R., Mück, M., & Gundler, S. (2026) · Corporate Social Responsibility and Environmental Management · doi:10.1002/csr.70980
The wisdom of the diverse crowd(funders)
Gafni, H., & Jeppesen, L. B. (2026) · Research Policy · doi:10.1016/j.respol.2026.105612
Lai, F., Tong, Q., Xu, D., & Chen, L. (2026) · Journal of Emerging Market Finance · doi:10.1177/09726527261485521
S, R. M., & Sahanashree, N. (2026) · Research Square · doi:10.21203/rs.3.rs-10900783/v1
Lu, Q., Zhang, F. L., Islam, M. S., & Ayoungman, F. Z. (2026) · Innovation The European Journal of Social Science Research · doi:10.1080/13511610.2026.2725554
Leibel, E., Falchetti, D., & O'Mahony, S. C. (2026) · Strategic Management Journal · doi:10.1002/smj.70134
Pamlin, D., Salehi, P., Thioye, M., Nick, S., Creutzig, F., Das, G., & Hennessy, J. (2026) · Annual Review of Environment and Resources · doi:10.1146/annurev-environ-112624-024509
Do Investors Follow Their Heart? The Role of Value Congruence in Guiding Investors' Decisions
Nielsen, K. R., Janßen, M., Sjöström, E., & Jespersen, K. (2026) · Business Strategy and the Environment · doi:10.1002/bse.71694
Green Investors in a Brown Market: Evidence from Ethereum’s Energy TransitionPreprint
yr, N., & Yan, Z. (2026) · SSRN Electronic Journal · doi:10.2139/ssrn.7629298
Social Innovation: Local Solutions to Global Challenges. A Review and Research Agenda
Frondizi, R. (2026) · Social Sciences · doi:10.3390/socsci15100722
Green Tilts and Systemic Risk: Evidence from Chinese Equity Mutual FundsPreprint
Chi, R., & Wang, Q. (2026) · SSRN Electronic Journal · doi:10.2139/ssrn.7656758
ESG, mood and expected stock returns
Bradrania, R., & Dandarvanchig, B. (2026) · Journal of Behavioral and Experimental Finance · doi:10.1016/j.jbef.2026.101272
Metadata
- Authors
- Barber, B. M., Morse, A., & Yasuda, A.
- Affiliations
- University of California, Davis (US)
- National Bureau of Economic Research (US)
- Corresponding author
- Yasuda, Ayako
- Venue
- Journal of Financial Economics
- Publisher
- Elsevier BV
- Published
- 2021-01
- Volume
- 139
- Issue
- 1
- Pages
- 162-185
- ISSN
- 0304-405X (ISSN-L)
- OpenAlex
- W4249505127
- Cited by
- 728
- References
- 49
- Citations by year
- 2026: 106 · 2025: 153 · 2024: 138 · 2023: 133 · 2022: 107 · 2021: 61
- FWCI
- 83.20
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Journal of Financial Economics (publishedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Community Development and Social Impact
- Social Sciences › Economics, Econometrics and Finance › Finance › Private Equity and Venture Capital
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Markets and Investment Strategies
- Keywords
- impact investing, venture capital funds, willingness to pay, internal rate of return, investor heterogeneity, political pressure, responsible investment
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Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
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