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- URN zum Zitieren dieses Dokuments:
- urn:nbn:de:bvb:355-epub-784423
- DOI zum Zitieren dieses Dokuments:
- 10.5283/epub.78442
Zusammenfassung
This study examines investor reactions to a broad-based public engagement by the world's largest sovereign wealth fund (SWF). We use the SWF's announcement to vote against firms with insufficient sustainability performance in an event study comprising 1,169 portfolio firms headquartered in Europe. The results show an average negative reaction of USD 39.99 million to the announcement. The negative ...
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