{"id":"https://openalex.org/W2734417870","doi":"https://doi.org/10.1002/csr.1437","title":"Do Short\u2010 and Long\u2010Term Environmental Investments Follow the Same Path?","display_name":"Do Short\u2010 and Long\u2010Term Environmental Investments Follow the Same Path?","publication_year":2017,"publication_date":"2017-07-04","ids":{"openalex":"https://openalex.org/W2734417870","doi":"https://doi.org/10.1002/csr.1437","mag":"2734417870"},"language":"en","primary_location":{"id":"doi:10.1002/csr.1437","doi":"https://doi.org/10.1002/csr.1437","is_oa":false,"landing_page_url":"https://doi.org/10.1002/csr.1437","pdf_url":null,"source":{"id":"https://openalex.org/S12818680","display_name":"Corporate Social Responsibility and Environmental Management","issn_l":"1535-3958","issn":["1535-3958","1535-3966"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Corporate Social Responsibility and Environmental Management","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5026415789","display_name":"V\u00edtor Manuel de Sousa Gabriel","orcid":"https://orcid.org/0000-0003-3530-7080","observed_orcids":["https://orcid.org/0000-0003-3530-7080"]},"institutions":[{"id":"https://openalex.org/I4210103026","display_name":"Universidade Polit\u00e9cnica da Guarda","ror":"https://ror.org/02463v873","country_code":"PT","type":"education","lineage":["https://openalex.org/I4210103026"]}],"countries":["PT"],"is_corresponding":false,"raw_author_name":"V\u00edtor Manuel de Sousa Gabriel","raw_affiliation_strings":["UDI \u2013 Unidade de Investiga\u00e7\u00e3o para o Desenvolvimento do Interior Instituto Polit\u00e9cnico da Guarda  6300\u2010035 Guarda Portugal"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"UDI \u2013 Unidade de Investiga\u00e7\u00e3o para o Desenvolvimento do Interior Instituto Polit\u00e9cnico da Guarda  6300\u2010035 Guarda Portugal","institution_ids":["https://openalex.org/I4210103026"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5038567259","display_name":"David Rodeiro Pazos","orcid":"https://orcid.org/0000-0002-5272-2676","observed_orcids":["https://orcid.org/0000-0002-5272-2676"]},"institutions":[{"id":"https://openalex.org/I200284239","display_name":"Universidade de Santiago de Compostela","ror":"https://ror.org/030eybx10","country_code":"ES","type":"education","lineage":["https://openalex.org/I200284239"]}],"countries":["ES"],"is_corresponding":true,"raw_author_name":"David Rodeiro\u2010Pazos","raw_affiliation_strings":["Finance and Accounting Department Universidade de Santiago de Compostela Avda. do Burgo, s/n 15782 Santiago de Compostela Galicia Spain"],"raw_orcid":"https://orcid.org/0000-0002-5272-2676","affiliations":[{"raw_affiliation_string":"Finance and Accounting Department Universidade de Santiago de Compostela Avda. do Burgo, s/n 15782 Santiago de Compostela Galicia Spain","institution_ids":["https://openalex.org/I200284239"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5038567259"],"corresponding_institution_ids":["https://openalex.org/I200284239"],"apc_list":{"value":4100,"currency":"USD","value_usd":4100},"apc_paid":null,"fwci":2.0469,"has_fulltext":false,"cited_by_count":20,"citation_normalized_percentile":{"value":0.88386907,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"25","issue":"1","first_page":"14","last_page":"28"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T13146","display_name":"Sustainable Finance and Green Bonds","score":0.9355000257492065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T13146","display_name":"Sustainable Finance and Green Bonds","score":0.9355000257492065,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.038600001484155655,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.008299999870359898,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/environmental-protection-investment","display_name":"environmental investment","score":0.7590000033378601},{"id":"https://openalex.org/keywords/sustainability-index","display_name":"sustainability index","score":0.890999972820282},{"id":"https://openalex.org/keywords/international-diversification","display_name":"international diversification","score":0.8989999890327454},{"id":"https://openalex.org/keywords/cointegration","display_name":"cointegration","score":0.6299999952316284},{"id":"https://openalex.org/keywords/alternative-energy-sources","display_name":"alternative energy","score":0.7179999947547913},{"id":"https://openalex.org/keywords/green-technology","display_name":"environmental technology","score":0.9869999885559082},{"id":"https://openalex.org/keywords/sustainable-construction","display_name":"sustainable construction","score":0.9700000286102295},{"id":"https://openalex.org/keywords/pollution-prevention","display_name":"pollution prevention","score":0.9340000152587891},{"id":"https://openalex.org/keywords/stock-market-indices","display_name":"stock market indices","score":0.6919999718666077}],"concepts":[{"id":"https://openalex.org/C145162277","wikidata":"https://www.wikidata.org/wiki/Q1751675","display_name":"Cointegration","level":2,"score":0.6698416471481323},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5288687348365784},{"id":"https://openalex.org/C66204764","wikidata":"https://www.wikidata.org/wiki/Q219416","display_name":"Sustainability","level":2,"score":0.5280730724334717},{"id":"https://openalex.org/C199163554","wikidata":"https://www.wikidata.org/wiki/Q1681619","display_name":"Univariate","level":3,"score":0.5276336073875427},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5135257840156555},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.49951815605163574},{"id":"https://openalex.org/C180916674","wikidata":"https://www.wikidata.org/wiki/Q3711935","display_name":"Diversification (marketing strategy)","level":2,"score":0.48743322491645813},{"id":"https://openalex.org/C61797465","wikidata":"https://www.wikidata.org/wiki/Q1188986","display_name":"Term (time)","level":2,"score":0.45640575885772705},{"id":"https://openalex.org/C161584116","wikidata":"https://www.wikidata.org/wiki/Q1952580","display_name":"Multivariate statistics","level":2,"score":0.4479425251483917},{"id":"https://openalex.org/C101104100","wikidata":"https://www.wikidata.org/wiki/Q1063540","display_name":"Heteroscedasticity","level":2,"score":0.4357941150665283},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.43113505840301514},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3685665726661682},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.32593947649002075},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.09744608402252197},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.08037614822387695},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1002/csr.1437","doi":"https://doi.org/10.1002/csr.1437","is_oa":false,"landing_page_url":"https://doi.org/10.1002/csr.1437","pdf_url":null,"source":{"id":"https://openalex.org/S12818680","display_name":"Corporate Social Responsibility and Environmental Management","issn_l":"1535-3958","issn":["1535-3958","1535-3966"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Corporate Social Responsibility and Environmental Management","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.4399999976158142,"id":"https://metadata.un.org/sdg/13","display_name":"Climate action"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":59,"referenced_works":["https://openalex.org/W39941679","https://openalex.org/W44301565","https://openalex.org/W173744092","https://openalex.org/W563367089","https://openalex.org/W1528701863","https://openalex.org/W1547562990","https://openalex.org/W1570443073","https://openalex.org/W1579646989","https://openalex.org/W1592841809","https://openalex.org/W1727659491","https://openalex.org/W1896992559","https://openalex.org/W1937109157","https://openalex.org/W1967722555","https://openalex.org/W1970707980","https://openalex.org/W1971325640","https://openalex.org/W1972517348","https://openalex.org/W1974150787","https://openalex.org/W1975994995","https://openalex.org/W1976599826","https://openalex.org/W1976892599","https://openalex.org/W1983773233","https://openalex.org/W1987011576","https://openalex.org/W1996155532","https://openalex.org/W2000949391","https://openalex.org/W2007022859","https://openalex.org/W2019613998","https://openalex.org/W2020394261","https://openalex.org/W2026957362","https://openalex.org/W2045041546","https://openalex.org/W2061160212","https://openalex.org/W2063414829","https://openalex.org/W2063593194","https://openalex.org/W2064097387","https://openalex.org/W2073928172","https://openalex.org/W2075367641","https://openalex.org/W2079297646","https://openalex.org/W2079898209","https://openalex.org/W2082410365","https://openalex.org/W2088380833","https://openalex.org/W2104459241","https://openalex.org/W2108267835","https://openalex.org/W2109556162","https://openalex.org/W2112921185","https://openalex.org/W2127223208","https://openalex.org/W2131773668","https://openalex.org/W2135463019","https://openalex.org/W2142635246","https://openalex.org/W2146855196","https://openalex.org/W2153562738","https://openalex.org/W2155253495","https://openalex.org/W2164158771","https://openalex.org/W2171116986","https://openalex.org/W2176819521","https://openalex.org/W2177756622","https://openalex.org/W2891184127","https://openalex.org/W3023776663","https://openalex.org/W3122573682","https://openalex.org/W3122638622","https://openalex.org/W3123148453"],"related_works":["https://openalex.org/W2884865138","https://openalex.org/W2792153780","https://openalex.org/W3159325662","https://openalex.org/W6999316402","https://openalex.org/W3187309147","https://openalex.org/W1536798865","https://openalex.org/W2282170343","https://openalex.org/W3000396045","https://openalex.org/W4406864258","https://openalex.org/W4205198468"],"abstract_inverted_index":{"Abstract":[0],"The":[1,33,91],"degree":[2],"of":[3,39,57,68,87],"connection":[4],"and":[5,43,52,79,82,133],"integration":[6],"between":[7,30,41],"stock":[8],"market":[9],"indices":[10,64],"is":[11,103],"crucial":[12],"to":[13,107],"identifying":[14],"the":[15,37,97,100,111],"potential":[16],"benefits":[17],"associated":[18],"with":[19],"international":[20],"diversification.":[21],"However,":[22],"there":[23],"have":[24],"been":[25],"no":[26],"findings":[27],"on":[28,54],"relationships":[29],"sustainability":[31],"indices.":[32,124],"present":[34],"study":[35],"analyses":[36],"existence":[38],"equilibrium":[40],"short\u2010":[42],"long\u2010term":[44],"environmentally":[45],"sustainable":[46,77],"investments":[47],"through":[48],"Johansen":[49],"cointegration":[50],"tests":[51],"based":[53],"a":[55,84],"model":[56],"asymmetric":[58],"multivariate":[59],"conditional":[60],"heteroscedasticity.":[61],"We":[62],"selected":[63],"for":[65],"five":[66],"segments":[67,115],"environmental":[69,114],"investment":[70],"(alternative":[71],"energy,":[72],"clean":[73],"technology,":[74],"green":[75],"building,":[76],"water,":[78],"pollution":[80],"prevention)":[81],"applied":[83],"time":[85],"period":[86],"roughly":[88],"nine":[89],"years.":[90],"obtained":[92],"results":[93],"show":[94],"that":[95],"over":[96],"long":[98],"term,":[99,113],"indices'":[101],"behaviour":[102],"autonomous,":[104],"creating":[105],"opportunities":[106],"diversify":[108],"investment.":[109],"Over":[110],"short":[112],"exhibit":[116],"similar":[117],"behaviour,":[118],"approaching":[119],"behaviours":[120],"described":[121],"by":[122],"conventional":[123],"Copyright":[125],"\u00a9":[126],"2017":[127],"John":[128],"Wiley":[129],"&":[130],"Sons,":[131],"Ltd":[132],"ERP":[134],"Environment":[135]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2017-07-21T00:00:00"}