Business
‘Ethical’ share investors sell too quickly after bad news – Motley Fool Australia
Shareholders definitely flee companies that act unethically. But jumping off a little bit later could save their investment.
A new study has found stock investors concerned with ethical issues ‘overreact’ in protest.
AMP Limited (ASX: AMP) and Rio Tinto Limited (ASX: RIO) have recently hit the headlines for negative environmental, social and governance (ESG) issues.
A Monash University study found investors and fund managers who wanted to sell the shares in protest would have been better off waiting 90 days after a scandal.
Monash Business School researcher, Dr Bei Cui, said there is definitely a pattern of sell-of…
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