Philipp Krueger

University of Geneva - Geneva Finance Research Institute (GFRI)

40 Boulevard du Pont d'Arve

Geneva 4, Geneva 1211

Switzerland

Swiss Finance Institute

Switzerland

European Corporate Governance Institute (ECGI)

c/o the Royal Academies of Belgium

Rue Ducale 1 Hertogsstraat

1000 Brussels

Belgium

University of Geneva - Geneva School of Economics and Management

Uni Mail

Bd du Pont-d'Arve 40

Geneva, 1211

Switzerland

SCHOLARLY PAPERS

19

DOWNLOADS
Rank 390

SSRN RANKINGS

Top 390

in Total Papers Downloads

89,016

TOTAL CITATIONS
Rank 1,112

SSRN RANKINGS

Top 1,112

in Total Papers Citations

1,598

Scholarly Papers (19)

The Effects of Mandatory ESG Disclosure Around the World

Journal of Accounting Research, forthcoming, Swiss Finance Institute Research Paper No. 21-44, European Corporate Governance Institute – Finance Working Paper No. 754/2021, HKU Jockey Club Enterprise Sustainability Global Research Institute - Archive
Number of pages: 75 Posted: 26 Apr 2021 Last Revised: 25 Oct 2024
University of Geneva - Geneva Finance Research Institute (GFRI), University of Zurich - Department of Finance, The University of Hong Kong - Faculty of Business and Economics and The University of Western Australia - UWA Business School
Downloads 18,969 (395)
Citation 140

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Sustainability reports, ESG reporting, Nonfinancial information, ESG incidents

The Effects of Mandatory ESG Disclosure Around the World

Journal of Accounting Research, Volume 62, Issue 5. Pp. 1795-1847, https://doi.org/10.1111/1475-679X.12548
Posted: 18 Dec 2024
University of Geneva - Geneva Finance Research Institute (GFRI), University of Zurich - Department of Finance, The University of Hong Kong - Faculty of Business and Economics and The University of Western Australia - UWA Business School

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sustainability reporting, ESG reporting, nonfinancial information, stock liquidity

2.

ESG Rating Disagreement and Stock Returns

Swiss Finance Institute Research Paper No. 19-67, European Corporate Governance Institute – Finance Working Paper No. 651/2020, Financial Analyst Journal, Forthcoming
Number of pages: 57 Posted: 10 Aug 2019 Last Revised: 23 Aug 2021
Rajna Gibson, Philipp Krueger and Peter Steffen Schmidt
University of Geneva - Geneva Finance Research Institute (GFRI), University of Geneva - Geneva Finance Research Institute (GFRI) and University of Zurich - Department of Business Administration
Downloads 11,061 (1,045)
Citation 106

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ESG ratings, disagreement, non-financial information, stock returns, equity cost of capital, sustainable finance

3.

The Importance of Climate Risks for Institutional Investors

Swiss Finance Institute Research Paper No. 18-58, European Corporate Governance Institute - Finance Working Paper No. 610/2019
Number of pages: 83 Posted: 27 Aug 2018 Last Revised: 11 Mar 2020
Philipp Krueger, Zacharias Sautner and Laura T. Starks
University of Geneva - Geneva Finance Research Institute (GFRI), University of Zurich - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 8,375 (1,655)
Citation 814

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Climate Risks, ESG, Institutional Investors

4.

Do Responsible Investors Invest Responsibly?

Review of Finance, Volume 26, Issue 6, November 2022, Pages 1389–1432, Swiss Finance Institute Research Paper No. 20-13, European Corporate Governance Institute – Finance Research Paper No. 712/2020
Number of pages: 82 Posted: 23 Feb 2020 Last Revised: 13 Jan 2024
University of Geneva - Geneva Finance Research Institute (GFRI), Board of Governors of the Federal Reserve System, University of Geneva - Geneva Finance Research Institute (GFRI), University of Virginia - Darden School of Business and Osmosis Investment Management
Downloads 6,450 (2,569)
Citation 18

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ESG, SRI, PRI, socially responsible investing, sustainability, institutional investors, greenwashing

5.

Climate Risk Disclosure and Institutional Investors

Swiss Finance Institute Research Paper No. 19-66, European Corporate Governance Institute – Finance Working Paper No. 661/2020
Number of pages: 66 Posted: 19 Aug 2019 Last Revised: 30 Nov 2022
National University of Singapore (NUS) - Sustainable & Green Finance Institute (SGFIN), University of Geneva - Geneva Finance Research Institute (GFRI), University of Zurich - Department of Finance and University of Texas at Austin - Department of Finance
Downloads 6,077 (2,859)
Citation 223

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Climate risk disclosure, non-financial reporting, institutional investors

6.

The Sustainability Footprint of Institutional Investors: ESG Driven Price Pressure and Performance

Swiss Finance Institute Research Paper No. 17-05, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 571/2018
Number of pages: 77 Posted: 16 Feb 2017 Last Revised: 21 Jan 2021
Rajna Gibson, Philipp Krueger and Shema F. Mitali
University of Geneva - Geneva Finance Research Institute (GFRI), University of Geneva - Geneva Finance Research Institute (GFRI) and SKEMA Business School
Downloads 5,495 (3,400)
Citation 43

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ESG, sustainability footprint, environmental footprint, social footprint, risk-adjusted performance, price pressure, price impact, institutional investors, investment horizon, socially responsible investing, sustainable investing

7.

ESG News, Future Cash Flows, and Firm Value

Swiss Finance Institute Research Paper No. 21-84, HEC Paris Research Paper No FIN-2021-1441
Number of pages: 84 Posted: 13 Aug 2021 Last Revised: 16 Dec 2024
HEC Paris - Finance Department, University of Geneva - Geneva Finance Research Institute (GFRI), HEC and Singapore Management University
Downloads 5,015 (4,003)
Citation 29

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ESG, Sustainability, Expectations, Analyst forecasts, Valuation, Discount rate, Cost of capital, Cash flows

8.
Downloads 3,428 ( 7,500)
Citation 101

Sticky Expectations and the Profitability Anomaly

Journal of Finance, Forthcoming, HEC Paris Research Paper No. FIN-2016-1136, Swiss Finance Institute Research Paper No. 16-60
Number of pages: 45 Posted: 07 Mar 2016 Last Revised: 03 May 2018
Capital Fund Management, University of Geneva - Geneva Finance Research Institute (GFRI), HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3,425 (7,372)
Citation 11

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Stock market anomalies, Sticky expectations

Sticky Expectations and the Profitability Anomaly

CEPR Discussion Paper No. DP12528
Number of pages: 46 Posted: 02 Jan 2018
Capital Fund Management, University of Geneva - Geneva Finance Research Institute (GFRI), HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3 (1,379,641)
Citation 90
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profitability anomaly, Sticky expectations

9.

The Economics of Sustainability-Linked Bonds

Swiss Finance Institute Research Paper No. 22-26, European Corporate Governance Institute – Finance Working Paper No. 820/2022
Number of pages: 78 Posted: 16 Mar 2022 Last Revised: 25 Oct 2024
University of Geneva - Geneva Finance Research Institute (GFRI), University of Geneva, University of Geneva - Geneva Finance Research Institute (GFRI) and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 3,420 (7,526)
Citation 24

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Decarbonization, real effects, sustainability-linked bonds, security design, ESG investing, managerial incentives, mispricing, wealth transfer

10.

Mandatory Corporate Carbon Disclosure: Evidence from a Natural Experiment

Number of pages: 68 Posted: 13 Aug 2019 Last Revised: 13 Jul 2021
Valentin Jouvenot and Philipp Krueger
University of Geneva - Geneva Finance Research Institute (GFRI) and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 2,860 (9,920)
Citation 5

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Mandatory disclosure regulation, greenhouse gas emissions, climate change mitigation, climate finance, financial performance, institutional investors

11.

Corporate Goodness and Shareholder Wealth

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 62 Posted: 30 Jun 2013 Last Revised: 17 Jul 2014
Philipp Krueger
University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 2,671 (11,098)
Citation 18

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Social and Environmental Responsibility, Shareholder Value, Event Study, Corporate Governance, Corporate Culture, Agency Costs, Corporate Sustainability

12.

The WACC Fallacy: The Real Effects of Using a Unique Discount Rate

Journal of Finance, Forthcoming, AFA 2012 Chicago Meetings Paper
Number of pages: 62 Posted: 21 Feb 2011 Last Revised: 18 Jul 2014
Philipp Krueger, Augustin Landier and David Thesmar
University of Geneva - Geneva Finance Research Institute (GFRI), HEC and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2,619 (11,467)
Citation 17

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capital budgeting, cost of capital, behavioral finance, investment

13.

The Sustainability Wage Gap

Swedish House of Finance Research Paper No. 20-14, European Corporate Governance Institute – Finance Working Paper 718/2020, Swiss Finance Institute Research Paper No. 21-17, HKU Jockey Club Enterprise Sustainability Global Research Institute – Archive
Number of pages: 63 Posted: 11 Sep 2020 Last Revised: 10 Mar 2025
Philipp Krueger, Daniel Metzger and Jiaxin Wu
University of Geneva - Geneva Finance Research Institute (GFRI), Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) and Stockholm School of Economics - Department of Finance
Downloads 2,434 (12,892)
Citation 27

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Wage differentials; Allocation of talent; Human capital; Sustainability; ESG; CSR; Preferences; Work-life balance; Career opportunities

14.

Climate Change and Firm Valuation: Evidence from a Quasi-Natural Experiment

Swiss Finance Institute Research Paper No. 15-40
Number of pages: 59 Posted: 17 Feb 2015 Last Revised: 28 Oct 2015
Philipp Krueger
University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 2,292 (14,213)
Citation 7

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Mandatory disclosure regulation, greenhouse gas emissions, climate change, valuation, difference-in-differences, value

15.

Decarbonizing Institutional Investor Portfolios: Helping to Green the Planet or Just Greening Your Portfolio?

Swiss Finance Institute Research Paper No. 25-42
Number of pages: 77 Posted: 20 Sep 2022 Last Revised: 08 Apr 2025
University of Virginia, Darden School of Business, Board of Governors of the Federal Reserve System, University of Geneva - Geneva Finance Research Institute (GFRI) and University of Virginia - Darden School of Business
Downloads 2,034 (17,220)
Citation 11

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climate change, decarbonization, GHG emissions, sustainability, institutional investors, CDP, Climate Disclosure Project, Climate Action 100+

Drawing Up the Bill: Are ESG Ratings Related to Stock Returns Around the World?

Swiss Finance Institute Research Paper No. 25-41
Number of pages: 90 Posted: 13 Jan 2024 Last Revised: 08 Apr 2025
Romulo Alves, Philipp Krueger and Mathijs A. van Dijk
SKEMA Business School, University of Geneva - Geneva Finance Research Institute (GFRI) and Erasmus University Rotterdam (EUR)
Downloads 1,682 (22,805)

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ESG investing, Environmental, Social & Governance, Global stock returns, ESG uncertainty, Country characteristics

Drawing Up the Bill: Are ESG Ratings Related to Stock Returns Around the World?

HKU Jockey Club Enterprise Sustainability Global Research Institute - Archive
Number of pages: 60 Posted: 23 Mar 2024 Last Revised: 26 Feb 2025
Philipp Krueger, Romulo Alves and Mathijs A. van Dijk
University of Geneva - Geneva Finance Research Institute (GFRI), SKEMA Business School and Erasmus University Rotterdam (EUR)
Downloads 317 (204,617)
Citation 4

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ESG investing, ESG, Environmental, Social & Governance, Global stock returns, ESG uncertainty, Country characteristics

17.

Empty ESG Promises: A Text Analysis of Mutual Fund Prospectuses

Swiss Finance Institute Research Paper No. 25-43
Number of pages: 67 Posted: 04 May 2022 Last Revised: 08 Apr 2025
King’s College London, University of Geneva - Geneva Finance Research Institute (GFRI), SKEMA Business School and King’s College London
Downloads 1,831 (20,362)
Citation 3

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ESG, Prospectus, Greenwashing, Text Analysis, Mutual Funds, Fund Flows, Fund Performance

18.

How Do Investors and Firms React to a Large, Unexpected Currency Appreciation Shock?

Swiss Finance Institute Research Paper No. 15-65
Number of pages: 67 Posted: 01 Jan 2016 Last Revised: 09 Aug 2022
HEC Paris - Finance Department, École Polytechnique Fédérale de Lausanne (EPFL), University of Virginia, Darden School and University of Geneva - Geneva Finance Research Institute (GFRI)
Downloads 1,153 (40,603)
Citation 5

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19.

The Green Transition: Evidence from Corporate Green Revenues

FEB-RN Research Paper No. 29/2024, Darden Business School Working Paper No. 4850449, HKU Jockey Club Enterprise Sustainability Global Research Institute - Archive, European Corporate Governance Institute – Finance Working Paper No. 1032/2025, Swiss Finance Institute Research Paper No. 25-40
Number of pages: 91 Posted: 04 Jun 2024 Last Revised: 08 Apr 2025
Johannes Klausmann, Philipp Krueger and Pedro Matos
University of Virginia - Darden School of Business, University of Geneva - Geneva Finance Research Institute (GFRI) and University of Virginia - Darden School of Business
Downloads 833 (63,996)
Citation 3

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green revenues, sustainability, climate change, climate finance, green impact, ESG