We consider whether sustainable investment can deliver performance comparable to conventional in investors’ long-term retirement plans. On the capital markets, be achieved through various instruments and strategies, one of them being mutual funds that subscribe ESG (environmental, social, governance) principles. First, we compare with matched over period 1994–2020, Europe U.S. find no significa...

The growth of renewable energy facilities worldwide creates new challenges for sustainable regional development. Unregulated investment flows in the green sector cause disparities deployment various technologies, worsen ability to balance national systems, etc. This article is first comprehensive study that offers a methodology multifactor modeling considering priorities national, regional, and...

Recent literature (McNulty, Yeh, Schulze, & Lubatkin, 2002) states that the assumptions behind the capital asset pricing model, in particular the irrelevance of time horizon, do not correspond to the characteristics of firms that prefer long-term investment horizons. I show that family firms display a longer time horizon than most of their nonfamily counterparts, since (1) family firms display ...

t Wilkie's stochastic investment model and its variants have been increasingly applied by actuaries around the world to actuarial modeling and simulation. This paper performs time series outlier analysis on retail price inflation, which is the driving force of Wilkie's composite model. The data come from four developed countries: the United Kingdom, the United States, Canada, and Australia. The...

Business units are always faced with investment opportunities and need to make logical decisions on an optimal investment. Indeed, the investment of each business unit should be done with regard to the resource constraints and its effectiveness through the criteria for evaluating the projects including the net present value (NPV). The paper aims to investigate the effect of long-term debt on th...

This paper explores the welfare implications of a securities transaction tax when informed traders act under short-term objectives. The model presented features speculators who can trade on information of differing time horizons, trade by fully rational uninformed agents, endogenous asset prices and profit maximising firms that can use information contained in stock prices to improve their inve...