Publications

All publications

• Scientific publication

  Energy Research & Social Science: Who wants to get involved? Determining citizen willingness to participate in German renewable energy cooperatives

  This paper analyzes the potential for citizen participation in renewable energy cooperatives and the energy transition process in Germany. We consider representative survey data for…

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• Scientific publication

  Nature Energy: The cost of debt of renewable and non-renewable energy firms

  The risks imminent to younger technologies and markets may hinder renewable energy firms’ access to financing. This could curtail the investment needed for the transformation…

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• Scientific publication

  Climate Policy: Addressing the climate change adaptation puzzle: a psychological science perspective

  Unlike climate change mitigation, adaptation to climate change does not as much suffer from the fundamental global public good problem – at least at the…

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• Scientific publication

  Journal of Business Ethics: Active first movers vs. late free-riders? An empirical analysis of UN PRI signatories’ commitment

  Joining voluntary thematic initiatives can be a means for firms to legitimate their business activities. However, a lack of review mechanisms could create incentives for…

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• Scientific publication

  Financial Analysts Journal: Risk mitigation of corporate social performance in US class action lawsuits

  We investigated the relationship between corporate environmental, social, and governance (ESG) performance and litigation risk by examining US class action lawsuits. We found that a…

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• Scientific publication

  Journal of Asset Management: Herds on green meadows: the decarbonization of institutional portfolios.

  We analyze an emerging sustainable trend in asset management: the decarbonization of institutional portfolios. By using broad institutional ownership data, we show that investors exhibit…

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• Scientific publication

  Journal of Asset Management: The effect of environmental sustainability on credit risk

  The European Commission has proposed establishing a framework that redirects capital to sustainable investments in order to foster sustainable economic growth. A key proposal from…

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• Scientific publication

  Business Strategy and the Environment: Integrated reporting of environmental, social, and governance and financial data: Does the market value integrated reports?

  The concept of reporting nonfinancial information within the annual report, so-called Integrated Reporting (IR) is a rising topic in reporting practice. Supporters claim that IR…

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• Scientific publication

  Schmalenbachs Business Review: Investment Barriers and Labeling Schemes for Socially Responsible Investments

  Given the increasing role of socially responsible investing (SRI), but still limited participation of individual (i.e. small, retail) investors, the objective of this study is…

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• Scientific publication

  Credit and Capital Markets: Drivers of Socially Responsible Investments Across Europe

  The European Union wants to foster the sustainable growth of the economy by using the financial markets as an intermediary. Thus, politicians need to know…

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