Financial Performances of Green Securities

  • Dirk Schiereck
  • Gunnar Friede
  • Alexander BassenEmail author
Part of the Palgrave Studies in Impact Finance book series (SIF)


Empirical research in financial markets has been interested in the relationship between the financial performance of an exchange-listed company and its behavior as corporate citizen for a long time. Today, this debate concentrates in particular on the financial performance of sustainable investment projects. In such a context, this chapter analyzes the state of the literature on the performance of the fast-growing segment of green bonds as well as gives a general overview on the relationship between environmental, social, and governance (ESG) performances and financial performances.


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© The Author(s) 2019

Authors and Affiliations

  • Dirk Schiereck
    • 1
  • Gunnar Friede
    • 2
    • 3
  • Alexander Bassen
    • 2
    Email author
  1. 1.Darmstadt University of TechnologyDarmstadtGermany
  2. 2.University of HamburgHamburgGermany
  3. 3.DWS GroupFrankfurt am MainGermany

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