Do ethics outpace sins?

The fundamental precept of alcohol and gambling stocks relates to higher return premiums, whereas ethical investments are pitched towards meeting environmental, social, and moral concerns of investors. Fostering this argument, the current study examines quantile coherencies among sin stocks, ethical...

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Tác giả chính: SitaraKarim
Đồng tác giả: Muhammad Abubakr Naeem
Định dạng: Journal Article
Ngôn ngữ:English
Thông tin xuất bản: Elsevier Inc. 2022
Chủ đề:
Truy cập trực tuyến:https://digital.lib.ueh.edu.vn/handle/UEH/65324
https://doi.org/10.1016/j.frl.2022.102945
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spelling oai:localhost:UEH-653242022-10-27T02:34:12Z Do ethics outpace sins? SitaraKarim Muhammad Abubakr Naeem Brian Michael Lucey Conventional stocks Ethical investments Sin stocks Quantile coherency The fundamental precept of alcohol and gambling stocks relates to higher return premiums, whereas ethical investments are pitched towards meeting environmental, social, and moral concerns of investors. Fostering this argument, the current study examines quantile coherencies among sin stocks, ethical investments and conventional markets. We report noteworthy quantile coherencies among markets at different frequencies reflecting higher diversification, safe-haven, and hedging potential of sustainable markets outpacing sin stocks and conventional markets. We proposed useful implications for practitioners, ethical investors, and policymakers. 2022-10-27T02:34:12Z 2022-10-27T02:34:12Z 2022 Journal Article 1544-6123 https://digital.lib.ueh.edu.vn/handle/UEH/65324 https://doi.org/10.1016/j.frl.2022.102945 en Finance Research Letters Vol. 47, Part B none Portable Document Format (PDF) Elsevier Inc.
institution Đại học Kinh tế Thành phố Hồ Chí Minh
collection DSpaceUEH
language English
topic Conventional stocks
Ethical investments
Sin stocks
Quantile coherency
spellingShingle Conventional stocks
Ethical investments
Sin stocks
Quantile coherency
SitaraKarim
Do ethics outpace sins?
description The fundamental precept of alcohol and gambling stocks relates to higher return premiums, whereas ethical investments are pitched towards meeting environmental, social, and moral concerns of investors. Fostering this argument, the current study examines quantile coherencies among sin stocks, ethical investments and conventional markets. We report noteworthy quantile coherencies among markets at different frequencies reflecting higher diversification, safe-haven, and hedging potential of sustainable markets outpacing sin stocks and conventional markets. We proposed useful implications for practitioners, ethical investors, and policymakers.
author2 Muhammad Abubakr Naeem
author_facet Muhammad Abubakr Naeem
SitaraKarim
format Journal Article
author SitaraKarim
author_sort SitaraKarim
title Do ethics outpace sins?
title_short Do ethics outpace sins?
title_full Do ethics outpace sins?
title_fullStr Do ethics outpace sins?
title_full_unstemmed Do ethics outpace sins?
title_sort do ethics outpace sins?
publisher Elsevier Inc.
publishDate 2022
url https://digital.lib.ueh.edu.vn/handle/UEH/65324
https://doi.org/10.1016/j.frl.2022.102945
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