The DOI matches its Crossref record; 49 of the 49 references it cites were found in a registry or an index.
Impact investing
Overview
Integrity signals
Registry
Cites
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Verification
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
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
Flammer, C. (2018) · Journal of Financial Economics · doi:10.1016/j.jfineco.2021.01.010 · Cited by 2,907
Sustainable investing in equilibrium
Pástor, Ľ., Stambaugh, R. F., & Taylor, L. A. (2021) · Journal of Financial Economics · doi:10.1016/j.jfineco.2020.12.011 · Cited by 2,226
Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows
HARTZMARK, S. M., & SUSSMAN, A. B. (2019) · The Journal of Finance · doi:10.1111/jofi.12841 · Cited by 1,711
Get Real! Individuals Prefer More Sustainable Investments
Bauer, R., Ruof, T., & Smeets, P. (2021) · The Review of Financial Studies · doi:10.1093/rfs/hhab037 · Cited by 552
Edmans, A. (2023) · Financial Management · doi:10.1111/fima.12413 · Cited by 531
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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