The DOI matches its Crossref record; 116 of the 120 references it cites were found in a registry or an index.
Get Real! Individuals Prefer More Sustainable Investments
Open accessAbstract
The United Nations’ Sustainable Development Goals (SDGs) have created societal and political pressure for pension funds to address sustainable investing. We run two field surveys (n = 1,669, n = 3,186) with a pension fund that grants its members a real vote on its sustainable-investment policy. Two-thirds of participants are willing to expand the fund’s engagement with companies based on selected SDGs, even when they expect engagement to hurt financial performance. Support remains strong after the fund implements the choice. A key reason is participants’ strong social preferences.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
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?
The cited source says what the claim attributes to it.
In the citing paper
“We find broad consensus in the literature on the sustainability preferences of investors (Bauer et al., 2021;Ceccarelli et al., 2023;Heeb et al., 2023, among others).”
From A review on ESG investing: Investors' expectations, beliefs and perceptions (2024) · cites this paper as Bauer et al., 2021
The cited source says what the claim attributes to it.
In the citing paper
“We find strong empirical evidence in the literature that investors have a preference for ESG”
From A review on ESG investing: Investors' expectations, beliefs and perceptions (2024) · cites this paper as Bauer et al., 2021
The cited source says what the claim attributes to it.
In the citing paper
“Bauer et al. (2021) provide evidence that the support for sustainable investments is driven by strong social preferences of investors rather than beliefs for better financial outcomes from investments in green assets.”
From A review on ESG investing: Investors' expectations, beliefs and perceptions (2024) · cites this paper as Bauer et al. (2021)
The cited source says what the claim attributes to it.
In the citing paper
“They also show that individual investor's social preferences matter in delegated portfolio decisions.”
From A review on ESG investing: Investors' expectations, beliefs and perceptions (2024) · cites this paper as Bauer et al. (2021)
The cited source says what the claim attributes to it.
In the citing paper
“The field surveys explored in Bauer et al. (2021) shed light on the willingness of pension fund investors to support engagement in sustainable actions in portfolio companies.”
From A review on ESG investing: Investors' expectations, beliefs and perceptions (2024) · cites this paper as Bauer et al., 2021
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
A Theory of Fairness, Competition, and Cooperation
Fehr, E., & Schmidt, K. M. (1999) · The Quarterly Journal of Economics · doi:10.1162/003355399556151 · Cited by 11,264
Social Choice and Individual Values
Schnepp, G. J., & Arrow, K. (1951) · Economica · doi:10.2307/2549613 · Cited by 10,000
“Risk, Ambiguity, and the Savage Axioms.”
Ellsberg, D. (1961) · The Quarterly Journal of Economics · doi:10.2307/1884324 · Cited by 7,891
Loss aversion in riskless choice: A reference-dependent model.
Tversky, A., & Kahneman, D. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937956 · Cited by 6,432
Status quo bias in decision making
Samuelson, W., & Zeckhauser, R. (1988) · Journal of Risk and Uncertainty · doi:10.1007/bf00055564 · Cited by 5,897
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
Gender Differences in Preferences
Croson, R., & Gneezy, U. (2009) · Journal of Economic Literature · doi:10.1257/jel.47.2.448 · Cited by 5,694
ERC: A Theory of Equity, Reciprocity, and Competition
Bolton, G. E., & Ockenfels, A. (2000) · American Economic Review · doi:10.1257/aer.90.1.166 · Cited by 5,399
Anomalies: The Endowment Effect, Loss Aversion, and Status Quo Bias
Kahneman, D., Knetsch, J. L., & Thaler, R. H. (1991) · Journal of Economic Perspectives · doi:10.1257/jep.5.1.193 · Cited by 5,019
Understanding Social Preferences with Simple Tests
Charness, G., & Rabin, M. (2002) · The Quarterly Journal of Economics · doi:10.1162/003355302760193904 · Cited by 3,970
Research works printed but not linked: 14
- Anderson,, 2020, Climate fears and the demand for green investment
- Beshears,, 2014, Optimal illiquidity
- Carson,, 2006, Probabilistic influence and supplemental benefits: A field test of the two key assumptions behind using stated preferences
- Donkers,, 2012, Measuring and debiasing consumer pension risk attitudes
- 2016, European SRI Study 2016
- 2018, European SRI Study 2018
- 2020, Philanthropy Report
- 2018, Philanthropy Report
- 2018, Sustainable investing is moving mainstream
- 2017, From ‘why’ to ‘why not’: Sustainable investing as the new normal
- Simons,, 2019, Eerlijk Pensioenlabel. Beoordeling van het duurzaamheidsbeleid van tien Nederlandse pensioenfondsen – pilotstudie
- 2018, Report on sustainable, responsible and impact investing trends
- 2020, Global Pension Assets Study 2020
- 2016, World Values Survey Wave 6 2010–2014
Cited by
Sorted by citations
Items 101–200 of 551
Which institutional investors drive corporate sustainability? *Preprint
Ceccarelli, M., Gloßner, S., Homanen, M., & Schmidt, D. M. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.3988058 · Cited by 17
Corporate Social Responsibility and Employee Investment in Company StockPreprint
Bonelli, M., Brière, M., & Derrien, F. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4164062 · Cited by 16
Ahmad, S., & Mokhchy, J. (2022) · Environmental Science and Pollution Research · doi:10.1007/s11356-022-23080-y · Cited by 15
Bian, Y., Gao, H., Wang, R., & Xiong, X. (2022) · Business Strategy and the Environment · doi:10.1002/bse.3304 · Cited by 15
External Reviews and Green Bond Credibility
Allman, E., & Lock, B. (2022) · Journal of Climate Finance · doi:10.1016/j.jclimf.2024.100036 · Cited by 15
Engler, D., Gutsche, G., & Smeets, P. (2023) · SSRN Electronic Journal · doi:10.2139/ssrn.4379189 · Cited by 15
Self-citationSocial Preferences and Corporate InvestmentPreprint
Thomas Dangl, A., Halling, M., Yu, J., & Josef Zechner, B. (2023) · SSRN Electronic Journal · doi:10.2139/ssrn.4470567 · Cited by 15
In the mood for sustainable funds?
Fernández-Pérez, A., Garel, A., & Indriawan, I. (2022) · Economics Letters · doi:10.1016/j.econlet.2022.110691 · Cited by 14
Pension Funds and Sustainable Investment
Hammond, P. B., Maurer, R., & Mitchell, O. S. (2023) · doi:10.1093/oso/9780192889195.001.0001 · Cited by 16
Aristei, D., & Gallo, M. (2023) · International Journal of Bank Marketing · doi:10.1108/ijbm-06-2023-0355 · Cited by 19
Unraveling the relationship between sustainability and returns: a multi-attribute utility analysis
Escobar‐Anel, M., & Jiao, Y. (2024) · China Finance Review International · doi:10.1108/cfri-09-2023-0241 · Cited by 14
Which Investors Matter for Equity Valuations and Expected Returns?Preprint
Koijen, R. S. J., Richmond, R., & Yogo, M. (2019) · SSRN Electronic Journal · doi:10.2139/ssrn.3378340 · Cited by 14
The Systemic Governance Influence of Expectation Documents: Evidence from a Universal Owner
Aguilera, R. V., Bermejo, V. J., Capapé, J., & Cuñat, V. (2024) · The Review of Corporate Finance Studies · doi:10.1093/rcfs/cfae009 · Cited by 13
Constructing stock portfolios by sorting on ESG ratings: Does the rating provider matter?
Horn, M., & Oehler, A. (2024) · International Review of Financial Analysis · doi:10.1016/j.irfa.2024.103568 · Cited by 17
Bank lending to fossil fuel firms
Demetriades, E., & Politsidis, P. N. (2024) · Journal of Financial Stability · doi:10.1016/j.jfs.2024.101349 · Cited by 15
Sanctions and Social Capital: Evidence from the Russian Invasion of UkrainePreprint
Lu, F., Huang, L., & Li, S. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4108129 · Cited by 15
Individual Investors' Housing Income and Interest Rates FluctuationsPreprint
Gargano, A., & Giacoletti, M. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4251621 · Cited by 13
Consumer Segmentation of Green Financial Products Based on Sociodemographic Characteristics
Gáspár, S., Pataki, L., Barta, Á., Thalmeiner, G., & Zéman, Z. (2023) · Journal of Risk and Financial Management · doi:10.3390/jrfm16020098 · Cited by 12
Baldi, F., & Lambertides, N. (2023) · Managerial Finance · doi:10.1108/mf-01-2023-0024 · Cited by 12
The limited role of sustainability in mutual fund investor decisions: A machine learning approach
Vilas, P., Andreu, L., & Serrano‐Cinca, C. (2024) · Expert Systems with Applications · doi:10.1016/j.eswa.2024.123288 · Cited by 18
Braun, M., Marcet, F., & Raddatz, C. E. (2024) · International Review of Financial Analysis · doi:10.1016/j.irfa.2024.103863 · Cited by 12
From pro-environmental behavior to ESG fund investing: Evidence from account-level data in China
Qian, S., You, H., & Wan, D. (2025) · Energy Economics · doi:10.1016/j.eneco.2025.108271 · Cited by 13
One size does not fit all: Sustainable innovation, climate policy, and startups' growth aspirations
Hirschmann, M. (2025) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2025.124069 · Cited by 12
Stewardship and Shareholder Engagement in Germany
Ringe, W.-G. (2020) · European Business Organization Law Review · doi:10.1007/s40804-020-00195-8 · Cited by 12
Drifting from the Sustainable Development Goal: Style Drift in ESG Funds
He, Z., Hu, K., & Li, Z. (2023) · Sustainability · doi:10.3390/su151612472 · Cited by 12
One size does not fit all: Responsible investor motivation and investment performance
Scholtens, B., & Willard, F. (2024) · Corporate Social Responsibility and Environmental Management · doi:10.1002/csr.2905 · Cited by 11
Singh, S., Yadav, S., Singh, A., Krishna, Y. J., & Singh, A. (2024) · Studies in systems, decision and control · doi:10.1007/978-3-031-63402-4_30 · Cited by 11
An Exploration of Contemporary Trends in Finance Research
Mani, M. (2024) · Journal of the Knowledge Economy · doi:10.1007/s13132-024-02373-2 · Cited by 12
Nerlinger, M. (2020) · Credit and Capital Markets – Kredit und Kapital · doi:10.3790/ccm.53.4.461 · Cited by 11
Commonality in volatility among green, brown, and sustainable energy indices
Banerjee, A. K., Şensoy, A., Rahman, M. R., & Palma, A. (2024) · Finance research letters · doi:10.1016/j.frl.2024.105384 · Cited by 11
Corporate Social Responsibility
Hong, H. G., & Shore, E. (2022) · National Bureau of Economic Research · doi:10.3386/w30771 · Cited by 11
Gas, Guns, and Governments: Financial Costs of Anti-ESG Policies
Garrett, D. G., & Ivanov, I. T. (2023) · doi:10.21033/wp-2023-07 · Cited by 44
The Evolving Academic Field of Climate Finance
Gasparini, M., & Tufano, P. (2023) · doi:10.2139/ssrn.4354507 · Cited by 15
Pricing of green bonds: Greenium dynamics and the role of retail investors
Pietsch, A., & Salakhova, D. (2025) · Journal of International Financial Markets Institutions and Money · doi:10.1016/j.intfin.2025.102211 · Cited by 10
Luu, E., & Rubio, S. (2023) · Corporate Governance An International Review · doi:10.1111/corg.12564 · Cited by 10
Otchere, I., Abdulrahman, A., & Jun, W. (2024) · Economic Modelling · doi:10.1016/j.econmod.2024.106948 · Cited by 10
Renaming with purpose: Investor response and fund manager behaviour after fund ESG renaming
Gibbon, K., Derwall, J., Gerritsen, D. F., & Koedijk, K. C. G. (2025) · Journal of International Money and Finance · doi:10.1016/j.jimonfin.2024.103263 · Cited by 11
The relation between environmental awareness and stock returns
Horn, M., Oehler, A., Dabbous, A., & Croutzet, A. (2025) · International Review of Economics & Finance · doi:10.1016/j.iref.2025.104383 · Cited by 11
Do Mutual Funds Represent Individual Investors?Preprint
Zytnick, J. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3803690 · Cited by 10
A Theoretical Framework for ESG Reporting to InvestorsPreprint
Friedman, H. L., Heinle, M. S., & Luneva, I. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3932689 · Cited by 11
Do green assets enhance portfolio optimization? A multi-horizon investing perspective
Zhang, D., Dai, X., & Wang, Q. (2025) · The British Accounting Review · doi:10.1016/j.bar.2025.101612 · Cited by 9
Kang, H., Chi, S., Wang, X., & Li, Z. (2025) · International Review of Economics & Finance · doi:10.1016/j.iref.2025.104120 · Cited by 9
Cultural values and cross‐country differences in responsible investing sectors
Bialkowski, J. P., Starks, L. T., & Wagner, M. (2025) · International Review of Finance · doi:10.1111/irfi.70035 · Cited by 9
Machine-learning about ESG preferences: Evidence from fund flows
Aragon, G. O., & Chen, S. (2026) · Journal of Financial Economics · doi:10.1016/j.jfineco.2026.104361
Geelen, T., Hajda, J., & Starmans, J. (2026) · Journal of Financial Economics · doi:10.1016/j.jfineco.2026.104357 · Cited by 12
Do Tobacco Share Owners Finance the Tobacco Business?
Blitz, D. C., & Swinkels, L. A. P. (2020) · The Journal of Impact and ESG Investing · doi:10.3905/jesg.2020.1.004 · Cited by 9
A nonlinear multitasking framework: Theory and ESG applicationsPreprint
Bonham, J., & Riggs-Cragun, A. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4016659 · Cited by 9
Impact Investing and Venture Capital Industry: Experimental EvidencePreprint
Zhang, Y. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3959117 · Cited by 9
The Benchmark GreeniumPreprint
D’Amico, S., Klausmann, J., & Pancost, N. A. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4128109 · Cited by 9
Hervé, F., & Marsat, S. (2024) · Finance research letters · doi:10.1016/j.frl.2024.105736 · Cited by 8
Niess, S. (2025) · Cogent Economics & Finance · doi:10.1080/23322039.2025.2490820 · Cited by 10
Kurowski, Ł., Rutecka-Góra, J., & Smaga, P. (2025) · Climate Policy · doi:10.1080/14693062.2025.2511261 · Cited by 9
Pal, S. K., & Pal, A. K. (2021) · Journal of Statistics and Management Systems · doi:10.1080/09720510.2021.1872691 · Cited by 8
The Firms’ Reaction to Changes in the Governance Preferences of Active Institutional OwnersPreprint
Aguilera, R. V., Bermejo, V. J., Aguilar, J. C., & Cuñat, V. (2019) · SSRN Electronic Journal · doi:10.2139/ssrn.3411566 · Cited by 8
Mutual Fund Trading, Greenwashing, and ESG ClientelePreprint
Albuquerque, R. A., Koskinen, Y. J., & Santioni, R. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3908464 · Cited by 8
Sustainability embedding practices in Dutch listed companiesPreprint
Bauer, R. M. M. J., Bauer, T., Olaerts, M., & van Aartsen, C. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3957250 · Cited by 8
Self-citationStochastic Social PreferencesPreprint
Dangl, T., Halling, M., Yu, J., & Zechner, J. (2023) · SSRN Electronic Journal · doi:10.2139/ssrn.4479486 · Cited by 8
Looking beyond ESG preferences: The role of sustainable finance literacy in sustainable investingPreprint
Auzepy, A., Bannier, C., & Gärtner, F. (2024) · Social Science Research Network · doi:10.2139/ssrn.4773211 · Cited by 6
Behavior and Sustainable Finance: A Bibliometric Approach
Gómez, E. M., Cebada, E. C., Corchado, J. C., & Caro, C. D. (2025) · Administrative Sciences · doi:10.3390/admsci15070270 · Cited by 7
Responsible investing: Costs and benefits for university endowment funds
Aragon, G. O., Jiang, Y., Joenväärä, J., & Tiu, C. I. (2025) · Journal of Financial Economics · doi:10.1016/j.jfineco.2025.104151 · Cited by 7
The impact of sustainable finance literacy on investment decisions
Filippini, M., Leippold, M., & Wekhof, T. (2026) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2026.107687 · Cited by 12
Ceccarelli, M., & Ramelli, S. (2026) · Management Science · doi:10.1287/mnsc.2025.00564 · Cited by 7
L’investissement socialement responsable
Capelle‐Blancard, G., Desroziers, A., Garel, A., & Petit-Romec, A. (2021) · Revue française de gestion · doi:10.3166/rfg.2021.00576 · Cited by 12
AN ANALYSIS OF BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT OF SELECTED INDIAN COMPANIES
Mishra, B., & Sharma, A. (2023) · Sachetas · doi:10.55955/220001 · Cited by 7
Gyönyör, L. S., & Horváth, M. (2024) · Research in International Business and Finance · doi:10.1016/j.ribaf.2024.102230 · Cited by 7
Institutional Investors and Infrastructure InvestingPreprint
Andonov, A., Kräussl, R., & Rauh, J. (2018) · SSRN Electronic Journal · doi:10.2139/ssrn.3245543 · Cited by 7
Revealed Beliefs about Responsible Investing: Evidence from Mutual Fund ManagersPreprint
Orlov, V., Ramelli, S., & Wagner, A. F. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4296497 · Cited by 7
Sustainable Investing and Political BehaviorPreprint
Heeb, F., Koelbel, J., Ramelli, S., & Vasileva, A. (2023) · SSRN Electronic Journal · doi:10.2139/ssrn.4484166 · Cited by 7
Gao, X., Koedijk, K., Ryu, S., Wetzels, S., & Zhou, Z.-F. (2024) · Frontiers in Sustainability · doi:10.3389/frsus.2023.1323304 · Cited by 7
Going Green: An Analysis of Mutual Fund Investment and Green Innovation in the Context of China
Wang, Y., MAGNAN, M. L., & Qiu, Y. (2025) · Environmental and Resource Economics · doi:10.1007/s10640-025-01035-4 · Cited by 6
Beyond preferences: Beliefs in sustainable investing
Luz, V., Schauer, V., & Viehweger, M. (2024) · Journal of Economic Behavior & Organization · doi:10.1016/j.jebo.2024.02.018 · Cited by 5
Pricing asset beyond financial fundamentals: The impact of prosocial preference and image concerns
Draganac, D., & Lu, K. (2025) · Journal of Economic Dynamics and Control · doi:10.1016/j.jedc.2024.105004 · Cited by 2
Al-Dhamari, R. A. A., Badru, B. O., & Nor, M. N. M. (2025) · Asian Review of Accounting · doi:10.1108/ara-06-2024-0188 · Cited by 6
Attention, ESG, and Retail Investor Stock Holdings
Horn, M., & Oehler, A. (2025) · Journal of Behavorial Finance · doi:10.1080/15427560.2025.2522415 · Cited by 5
The Pricing of ESG: Evidence From Overnight Return and Intraday Return
Liu, X., Yang, C., & Chao, Y. (2022) · Frontiers in Environmental Science · doi:10.3389/fenvs.2022.927420 · Cited by 6
Socially Responsible Investments: Costs and Benefits for University Endowment FundsPreprint
Aragon, G. O., Jiang, Y., Joenväärä, J., & Tiu, C. I. (2019) · SSRN Electronic Journal · doi:10.2139/ssrn.3446252 · Cited by 6
The Asymmetry in Responsible Investing PreferencesPreprint
Humphrey, J., Kogan, S., Sagi, J. S., & Starks, L. T. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3931811 · Cited by 6
Do Financial Advisors Exploit Responsible Investment Preferences?Preprint
Laudi, M., Smeets, P., & Weitzel, U. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3887716 · Cited by 6
Self-citationMutual fund trading, fund flows, and ESG portfoliosPreprint
Albuquerque, R. A., Koskinen, Y. J., & Santioni, R. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4154455 · Cited by 6
Xiao, Z., Zheng, X., & Zheng, Y. (2023) · SSRN Electronic Journal · doi:10.2139/ssrn.4475050 · Cited by 6
The Impact of Climate Engagement: A Field ExperimentPreprint
Heeb, F., & Koelbel, J. (2024) · SSRN Electronic Journal · doi:10.2139/ssrn.4711873 · Cited by 6
Walk the green talk? A textual analysis of pension funds' disclosures of sustainable investing
Bauer, R. M. M. J., Broeders, D. W. G. A., & van Ool, A. (2024) · Journal of Pensions Economics and Finance · doi:10.1017/s147474722400009x · Cited by 7
Self-citationThe Synergy of Artificial Intelligence and Green Finance for Sustainable Investment
Sarin, A. B., & Sharma, S. (2025) · Advances in finance, accounting, and economics book series · doi:10.4018/979-8-3693-7570-9.ch006 · Cited by 5
Pástor, Ľ., Stambaugh, R. F., & Taylor, L. A. (2025) · Annual Review of Financial Economics · doi:10.1146/annurev-financial-113023-111705 · Cited by 5
Chen, S., Wang, J., & Yang, X. (2025) · Journal of Business Ethics · doi:10.1007/s10551-025-06091-w · Cited by 7
Investor Valuation for Socially Responsible Assets: A Willingness to Pay Experiment
Brodback, D., Guenster, N. K., Pouget, S., & Wang, R. (2025) · Management Science · doi:10.1287/mnsc.2022.01349 · Cited by 43
Willingness to Pay for Sustainable Investment Attributes: A Mixed Logit Analysis of SDG 11
Sanguino, Á.-S. M., Gómez, E. M., Cebada, E. C., & Caro, C. D. (2025) · Mathematics · doi:10.3390/math13162601 · Cited by 5
Sustainable investment perception influence in investment decision
Chandra, H., Hutagaol, Y., & Widjaja, A. (2024) · E3S Web of Conferences · doi:10.1051/e3sconf/202457103004 · Cited by 5
In Labels We Trust? The Influence of Sustainability Labels on Mutual Fund Flows
Ramos, S. B., Cortez, M. C., Covachev, S., & Silva, F. (2025) · European Financial Management · doi:10.1111/eufm.70027 · Cited by 6
Ecological Footprint and Willingness to Pay for Green Goods: Evidence from the Netherlands
Silva, D. G. D., Head, T., Pownall, R. A. J., & Schiller, A. R. (2023) · The Energy Journal · doi:10.5547/01956574.45.1.ddes · Cited by 5
Fostering sustainable investments through micro-investing platforms
Gonzalez-Arcos, C. F., Meath, C., Leszczyc, P. T. L. P., Haruvy, E. E., & An, J. (2023) · Scientific Reports · doi:10.1038/s41598-023-48452-3 · Cited by 5
The cost and climate impact of myopic investment decisions in the chemical industry
Zibunas, C., Meys, R., Kätelhön, A., & Bardow, A. (2024) · Computers & Chemical Engineering · doi:10.1016/j.compchemeng.2024.108721 · Cited by 4
Social preferences and corporate investment
Dangl, T., Halling, M., Yu, J., & Zechner, J. (2025) · Journal of Financial Economics · doi:10.1016/j.jfineco.2025.104139 · Cited by 20
Developing an Impact-Focused Typology of Socially Responsible Fund Providers
Diener, J., & Habisch, A. (2022) · Journal of Risk and Financial Management · doi:10.3390/jrfm15070298 · Cited by 4
God’s Stewards: A Global Overview of Christian-Influenced Mutual Fund Providers
Diener, J., & Habisch, A. (2022) · Journal of risk and financial management · doi:10.3390/jrfm15120547 · Cited by 5
Talking About the Weather: Availabilty, Affect and the Demand for Green InvestmentsPreprint
Anderson, A., & Robinson, D. T. (2019) · SSRN Electronic Journal · doi:10.2139/ssrn.3490730 · Cited by 5
Carbon Home Bias of European InvestorsPreprint
Boermans, M. A., & Galema, R. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.3632723 · Cited by 6
Does a VC’s Commitment Lead to Improved Investment Outcomes? Evidence From Climate StartupsPreprint
Burt, A. P., Harford, J., Stanfield, J. R., & Zein, J. (2022) · SSRN Electronic Journal · doi:10.2139/ssrn.4211750 · Cited by 5
Green Preferences: Evidence from the Greenium in Green BondsPreprint
Wang, R., & Xia, S. (2023) · SSRN Electronic Journal · doi:10.2139/ssrn.4339525 · Cited by 5
Issuing Bonds During the Covid-19 Pandemic: Is There an ESG Premium?Preprint
Ferriani, F. (2023) · SSRN Electronic Journal · doi:10.2139/ssrn.4462812 · Cited by 5
Metadata
- Authors
- Bauer, R., Ruof, T., & Smeets, P.
- Affiliations
- Maastricht University (NL)
- Corresponding author
- Smeets, Paul
- Venue
- The Review of Financial Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 2021-04-19
- Volume
- 34
- Issue
- 8
- Pages
- 3976-4043
- ISSN
- 0893-9454 (ISSN-L)
- 1465-7368
- OpenAlex
- W3155804760
- Cited by
- 552
- References
- 120
- Citations by year
- 2026: 90 · 2025: 118 · 2024: 120 · 2023: 99 · 2022: 58 · 2021: 35
- FWCI
- 64.67
- Type
- journal article
- Language
- en
- Open access
- hybrid
- doi.org
- Licence
- Locations
- Review of Financial Studies (publishedVersion, cc-by-nc)
- SSRN Electronic Journal (acceptedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Research Publications (Maastricht University) (submittedVersion, cc-by-nc)
- Research Publications (Maastricht University) (submittedVersion, other-oa)
- Funders
- Network for Studies on Pensions, Aging and Retirement
- Strong
- Nederlandse Organisatie voor Wetenschappelijk Onderzoek (016.Veni.175.019, 016.Veni, 451-16-005)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Sustainable Finance and Green Bonds
- Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Social Responsibility Reporting
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Markets and Investment Strategies
- Keywords
- sustainable investment, pension funds, Sustainable Development Goals, shareholder engagement, social preferences, individual preferences, ESG investing
About these checks
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.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review