Publikationen

Alle Publikationen im Überblick

• Wissenschaftliche Publikation

  Organization & Environment: Does Shareholder Signaling Matter for Corporate Strategy? A Study of ESG- and Carbon-Related Proposals

  Based on more than 7,000 shareholder proposals, this article argues that firms targeted by environmental, social, and governance (ESG)–related proposals subsequently improve their ESG performance.…

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• Wissenschaftliche Publikation

  Organization & Environment: The Micro-Processes of Transitioning to a Circular Economy Through Capital Allocation: A Case of the Investment Field

  Financial stakeholders play a key role in facilitating the initiation and growth of new circular business models, as well as supporting substantial improvements in existing…

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• Policy Brief

  PB 1/2025: Investieren, aber richtig: Warum der Klimaschutz bei Deutschlands Zukunftsinvestitionen mitgedacht werden muss

  Statement der Wissenschaftsplattform Sustainable Finance zum Koalitionsvertrag der Bundesregierung.

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• Wissenschaftliche Publikation

  World Development Sustainability: Climate and environmental impacts of green recovery: Evidence from the financial crisis

  While main goal of stimulus packages is to boost economic activity after a crisis, they may also affect environmental outcomes. The aim of this paper…

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• Wissenschaftliche Publikation

  The Economists’ Voice: Taxonomy Disclosure in the EU – A Useful Framework, Despite Current Challenges

  The EU Taxonomy is a classification system for sustainable economic activities and a framework for various regulatory initiatives. Its primary objectives are to enhance transparency,…

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• Wissenschaftliche Publikation

  Finance Research Letters: Sustainable yet similar: Challenging the performance and risk assumptions of sustainable market indices

  Sustainable market indices are pivotal in the sustainable finance industry. This study examines if such indices exhibit a lower ESG risk relative to their benchmarks.…

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• Wissenschaftliche Publikation

  SN Business & Economics: Principles for impact investments: practical guidance for impact measurement, assessment and valuation

  Impact investments have gained tremendous recognition among investors as well as policy makers in the last years. However, specific details about impact investments are not…

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• Wissenschaftliche Publikation

  Journal of Asset Management: What attracts sustainable fund flows? Prospectus versus ratings

  Many studies indicate that sustainability ratings attract high fund flows, reinforcing the dominant role of rating agencies for the fund industry. However, these studies neglect…

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• Wissenschaftliche Publikation

  Finance Research Letters: What you see is not what you get: ESG scores and greenwashing risk

  This paper shows that ESG scores capture a company’s greenwashing behavior. Greenwashing accusations are most prevalent among large companies with high ESG scores. We empirically…

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• Wissenschaftliche Publikation

  Finance Research Letters: Sustainability labels matter

  We investigate whether funds holding a sustainability label, exhibit better sustainability performance compared to unlabeled funds. Using a sample of over 150 public equity funds…

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