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  2. Why Do Investment Companies Abandon Sustainability? Yuxia (Sarine)…

    https://www.cerf.cam.ac.uk/files/pri_delist_20230410.pdf
    26 Jun 2023: companies allocate more assets towards sin industries and stocks with more ESG controversies. ... assets towards sin industries and stocks with more ESG controversies. Overall, the primary contribution of this study is to document the non-negligible cost

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