Good Intentions, Perverse Outcomes: The Impact of Impact Investing!
Musings on Markets
OCTOBER 12, 2023
The effect of impact investing in the inclusionary and exclusionary paths is through the stock price , with the buying (selling) in inclusionary (exclusionary) investing pushing stock prices up (down), which, in turn, decreases (increases) the costs of equity and capital at these firms. in the 1998-2010 time period to 5.95
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