Type and Duration
PhD-Thesis, since September 2022Coordinator
Institute for FinanceMain Research
Wealth ManagementDescription
My dissertation examines the complex relationship between corporate sustainability claims and investor response and explores the evolving link between sustainability and corporate finance. As ESG (environmental, social, and governance) factors continue to play an increasingly important role, companies are under increasing pressure to demonstrate their commitment to sustainable practices. However, this landscape also fosters opportunities for greenwashing, where companies misrepresent their sustainability efforts to attract investors or appease stakeholders.The research examines how investors navigate this complex environment with its changing expectations and potential pitfalls. By analyzing market responses to both genuine and misleading corporate sustainability claims, my work aims to shed light on the credibility of ESG claims, the effectiveness of sustainable finance mechanisms, and the consequences of greenwashing. Recognizing the challenges and potential for manipulation in this evolving field, my research seeks to advance understanding of how sustainability considerations are reshaping investment strategies and driving the transition to more sustainable and resilient financial markets.
