The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market

Detalhes bibliográficos
Autor(a) principal: Birkelbach, Anna Katharina
Data de Publicação: 2022
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/143225
Resumo: This study examines how the classification system of the Sustainable Finance Disclosure Regulation (SFDR) affects European mutual funds after its first year of application. First, the results show that larger funds with high sustainability ratings and in flows are more likely to classify as sustainable funds under the SFDR. Second, I find that the SFDR classification has no effect on fund returns, but a positive effect fund flows and sustainability ratings. The effects are strongest in Nordic countries and for Article 9 classification.
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spelling The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund marketFinanceMutual fundsSustainable finance disclosure regulationSustainable investingEsg reportingFund performanceFund flowsSustainability ratingsDomínio/Área Científica::Ciências Sociais::Economia e GestãoThis study examines how the classification system of the Sustainable Finance Disclosure Regulation (SFDR) affects European mutual funds after its first year of application. First, the results show that larger funds with high sustainability ratings and in flows are more likely to classify as sustainable funds under the SFDR. Second, I find that the SFDR classification has no effect on fund returns, but a positive effect fund flows and sustainability ratings. The effects are strongest in Nordic countries and for Article 9 classification.Prado, MelissaRUNBirkelbach, Anna Katharina2022-06-022022-05-202025-05-20T00:00:00Z2022-06-02T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/143225TID:203050568enginfo:eu-repo/semantics/embargoedAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:21:26Zoai:run.unl.pt:10362/143225Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:50:46.278756Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
title The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
spellingShingle The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
Birkelbach, Anna Katharina
Finance
Mutual funds
Sustainable finance disclosure regulation
Sustainable investing
Esg reporting
Fund performance
Fund flows
Sustainability ratings
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
title_full The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
title_fullStr The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
title_full_unstemmed The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
title_sort The first year of the sustainable finance disclosure regulation: an initial impact analysis on the European mutual fund market
author Birkelbach, Anna Katharina
author_facet Birkelbach, Anna Katharina
author_role author
dc.contributor.none.fl_str_mv Prado, Melissa
RUN
dc.contributor.author.fl_str_mv Birkelbach, Anna Katharina
dc.subject.por.fl_str_mv Finance
Mutual funds
Sustainable finance disclosure regulation
Sustainable investing
Esg reporting
Fund performance
Fund flows
Sustainability ratings
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Finance
Mutual funds
Sustainable finance disclosure regulation
Sustainable investing
Esg reporting
Fund performance
Fund flows
Sustainability ratings
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description This study examines how the classification system of the Sustainable Finance Disclosure Regulation (SFDR) affects European mutual funds after its first year of application. First, the results show that larger funds with high sustainability ratings and in flows are more likely to classify as sustainable funds under the SFDR. Second, I find that the SFDR classification has no effect on fund returns, but a positive effect fund flows and sustainability ratings. The effects are strongest in Nordic countries and for Article 9 classification.
publishDate 2022
dc.date.none.fl_str_mv 2022-06-02
2022-05-20
2022-06-02T00:00:00Z
2025-05-20T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/143225
TID:203050568
url http://hdl.handle.net/10362/143225
identifier_str_mv TID:203050568
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/embargoedAccess
eu_rights_str_mv embargoedAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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