High-risk stocks do not have higher returns than low-risk stocks in all major stock markets.
This article provides a comprehensive overview of this low-risk effect, from the earliest asset …

Many researchers have studied the relationship between companies with strong
environmental, social and governance (ESG) characteristics and corporate financial …

In recent years, interest has heightened in ESG, particularly regarding the integration of
climate risk metrics such as carbon intensity in institutional portfolios. This article focuses on …

Capacity measures how much can be invested in a strategy before declining expected
returns make competing strategies look more attractive. Existing approaches for measuring …