Publications

All publications

• Scientific publication

  Intereconomics: The European Green Deal — More Than Climate Neutrality

  The European Green Deal aims at climate neutrality for Europe by 2050, implying a significant acceleration of emission reductions. To gain the necessary support, it…

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• Scientific publication

  Climate Policy: A green COVID-19 recovery of the EU basic materials sector: identifying potentials, barriers and policy solutions

  This paper explores climate-friendly projects that could be part of the COVID-19 recovery while jump-starting the transition of the European basic materials industry. Findings from…

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• Scientific publication

  Journal of Banking & Finance: The effects of mutual fund decarbonization on stock prices and carbon emissions

  This study seeks to determine whether mutual fund decarbonization affects the stock prices of divested firms and contributes to the reduction of these firms’ carbon…

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• Scientific publication

  Journal of Portfolio Management: Get green or die trying? Carbon risk integration into portfolio management

  Portfolio management is confronting climate change more strongly and rapidly than expected. Risks arising from the transition from a brown, carbon-based to a green, low-carbon…

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• Scientific publication

  The Accounting Review: Spillover effects of tax avoidance on peers’ firm value

  This research examines spillover effects of tax avoidance on peers’ firm value using the setting of the European Commission’s state aid investigations of private letter…

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• Scientific publication

  SN Business & Economics: Impact investments: a call for (re)orientation

  Practitioners and academics have been using different terms to describe investments in the sustainability context. The latest inflationary term is impact investments—investments that focus on…

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• Scientific publication

  Corporate Finance: Regulatory framework for sustainable investment products – Current developments and associated challenges

  With the Sustainable Finance legislative package published by the European Commission on April 21, 2021, another valuable step has been taken towards sustainable financial development.…

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• Scientific publication

  Climate Policy: Acceptance of climate-oriented policy measures under the COVID-19 crisis: an empirical analysis for Germany

  Based on data from a representative survey among citizens in Germany during the first peak of the COVID-19 crisis, this paper empirically examines the acceptance…

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• Scientific publication

  Journal of Behavioral and Experimental Finance: Revisiting the determinants of individual sustainable investment—The case of Japan

  This study empirically examines individual sustainable investment behavior of households’ decision-makers in Japan from three perspectives. Based on data from a representative online survey among…

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• Scientific publication

  Journal of Public Economics: More birds than stones: A framework for second-best energy and climate policy adjustments

  A well-known principle in public economics states that at least as many policy instruments as market failures are required to achieve an efficient outcome. In…

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