2026-04-05T12:42:26Zhttps://recercat.cat/oai/requestoai:recercat.cat:2072/4629652024-11-04T04:14:57Zcom_2072_98col_2072_378192
RECERCAT
author
Martí-Ballester, Carmen-Pilar
2024-11-04T04:14:57Z
2024-11-04T04:14:57Z
2022
http://hdl.handle.net/2072/462965
Altres ajuts: acords transformatius de la UABThis study examines the effects of sustainable energy-focused institutional shareholders on corporate sustainable energy performance. It employs a sample of 43 renewable energy mutual funds and 1074 portfolio firms covering 2006 to 2019. To examine this relationship appropriately, the study adopts Petersen's (2009) panel data approach and clusters standard errors by firm and year. The results indicate that institutional investors lead firms to improve their corporate sustainable energy and environmental performance. Therefore, investment decisions adopted by renewable energy mutual funds achieve positive outcomes in the real world. This has policy implications, showing that economic policies focused on financing the transition of the real economy towards sustainability and improving the financial sector's contribution to sustainability goals are being achieved.
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Renewable energy mutual funds
Corporate sustainable energy performance
Corporate environmental performance
Sustainable development goal
Do renewable energy mutual funds advance towards clean energy-related sustainable development goals?
Article