Principle Guided Investing: The Use of Exclusionary Screens and Its Implications for Green Investors

Article OPEN
Urs von Arx (2007)
  • Publisher: Heidelberg: Springer
  • Journal: Swiss Journal of Economics and Statistics, volume 143, issue I March, pages 3-30
  • Related identifiers: doi: 10.1007/BF03399231
  • Subject: Pension Funds | Socially Responsible Investment; Pension Funds | Q5 | G10 | Socially Responsible Investment
    • jel: jel:G10 | jel:Q5
      ddc: ddc:330

This paper examines how "green" investors can induce firms to invest in clean production technology. The 1-period model incorporates heterogeneous agents - Markowitz investors and green investors – and two groups of firms working either with clean or polluting technolog... View more
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