86163 20211122141543.0 doi 10.3390/su11092514 sideral 113674 ART-2019-113674 eng Badía Guillermo Universidad de Zaragoza (orcid)0000-0003-2795-3728 Financial Performance of Government Bond Portfolios Based on Environmental, Social and Governance Criteria 2019 Access copy available to the general public Unrestricted We evaluated the financial performance of government bond portfolios formed according to socially responsible investment (SRI) criteria. We thus open a discussion on the financial performance of SRI for government bonds. Our sample includes 24 countries over the period of June 2006 to December 2017. Using various financial performance measures, the results suggest that high-ratedgovernmentbonds,accordingtoenvironmental,social,andgovernance(ESG)dimensions, outperform low-ranked bonds under any cut-off, although differences are not statistically significant. These findings suggest that ESG screenings can be used for government bonds without sacrificing financial performance. info:eu-repo/grantAgreement/ES/DGA/S56-17R info:eu-repo/grantAgreement/ES/DGA/17030G-5423-440030-11101 info:eu-repo/grantAgreement/ES/DGA/17030G-5423-440030-91101 info:eu-repo/grantAgreement/ES/MICINN/ECO2015-66240-P info:eu-repo/semantics/openAccess by http://creativecommons.org/licenses/by/3.0/es/ 2.576 2019 ENVIRONMENTAL SCIENCES 120 / 265 = 0.453 2019 Q2 T2 ENVIRONMENTAL STUDIES 53 / 123 = 0.431 2019 Q2 T2 GREEN & SUSTAINABLE SCIENCE & TECHNOLOGY 26 / 41 = 0.634 2019 Q3 T2 GREEN & SUSTAINABLE SCIENCE & TECHNOLOGY 6 / 8 = 0.75 2019 Q3 T3 0.581 2019 Energy Engineering and Power Technology 2019 Q2 Environmental Science (miscellaneous) 2019 Q2 Renewable Energy, Sustainability and the Environment 2019 Q2 Management, Monitoring, Policy and Law 2019 Q2 Geography, Planning and Development 2019 Q2 info:eu-repo/semantics/article info:eu-repo/semantics/acceptedVersion Pina Vicente Universidad de Zaragoza (orcid)0000-0002-9416-2224 Lourdes Torres Universidad de Zaragoza (orcid)0000-0003-4623-1448 4002 230 Universidad de Zaragoza Dpto. Contabilidad y Finanzas Área Economía Finan. y Contab. 11, 9 (2019), 2514 [13pp.] Sustainability (Basel) Sustainability (Basel) 2071-1050 567361 http://zaguan.unizar.es/record/86163/files/texto_completo.pdf Postprint 107006 http://zaguan.unizar.es/record/86163/files/texto_completo.jpg?subformat=icon icon Postprint oai:zaguan.unizar.es:86163 articulos driver 2021-11-22-14:06:58 ARTICLE