Special Issue "Sustainable Financial Markets II"

A special issue of Sustainability (ISSN 2071-1050).

Deadline for manuscript submissions: 31 October 2020.

Special Issue Editor

Dr. Francisco Guijarro
Website1 Website2 SciProfiles
Guest Editor

Special Issue Information

Dear Colleagues,

After the success of the first volume, the Special Issue on Sustainable Financial Markets II aims to discuss new developments, methods and applications on the sustainability of financial markets. Sustainability is a celebrated topic in the disciplines of business ethics and environmental economics. The preceding Special Issue on Sustainable Financial Markets covered a number of issues related to sustainable banking practices, stock market integration, sustainable customer satisfaction, sustainable stock indices, socially responsible portfolios, investments in climate change solutions, etc. The second volume offers a new opportunity to discuss these and related topics, by examining how sustainable value can be added to firms and society through an analysis of sustainable financial markets and investments.

References:

Arribas, I., Espinós-Vañó, M. D., García, F., & Morales-Bañuelos, P. B. (2019). The Inclusion of Socially Irresponsible Companies in Sustainable Stock Indices. Sustainability, 11(7), 2047.

Busch, T., Bauer, R., & Orlitzky, M. (2016). Sustainable development and financial markets: Old paths and new avenues. Business & Society, 55(3), 303-329.

García, F., González-Bueno, J., Oliver, J., & Riley, N. (2019). Selecting Socially Responsible Portfolios: A Fuzzy Multicriteria Approach. Sustainability, 11(9), 2496.

García‐Martínez, G., Guijarro, F., & Poyatos, J. A. (2019). Measuring the social responsibility of European companies: a goal programming approach. International Transactions in Operational Research, 26(3), 1074-1095.

Guijarro, F. (2019). A Multicriteria Model for the Assessment of Countries’ Environmental Performance. International journal of environmental research and public health, 16(16), 2868.

Igbudu, N., Garanti, Z., & Popoola, T. (2018). Enhancing Bank Loyalty through Sustainable Banking Practices: The Mediating Effect of Corporate Image. Sustainability, 10(11), 4050.

Miller, M. H. (1998). Financial markets and economic growth. Journal of applied corporate finance, 11(3), 8-15.

Pakurár, M., Haddad, H., Nagy, J., Popp, J., & Oláh, J. (2019). The Service Quality Dimensions that Affect Customer Satisfaction in the Jordanian Banking Sector. Sustainability, 11(4), 1113.

Dr. Francisco Guijarro
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1800 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • sustainable investments
  • sustainable banking
  • socially responsible funds
  • algorithmic trading

Published Papers (1 paper)

Order results
Result details
Select all
Export citation of selected articles as:

Research

Open AccessArticle
The Correlation Analysis of Futures Pricing Mechanism in China’s Carbon Financial Market
Sustainability 2020, 12(18), 7317; https://doi.org/10.3390/su12187317 - 07 Sep 2020
Abstract
China, taking the concept of sustainable development as the premise, puts forward Intended Nationally Determined Contributions (INDC) to reduce the greenhouse gas emissions in response to climate change. In this context, with the purpose of seeking solutions to a carbon financial market pricing [...] Read more.
China, taking the concept of sustainable development as the premise, puts forward Intended Nationally Determined Contributions (INDC) to reduce the greenhouse gas emissions in response to climate change. In this context, with the purpose of seeking solutions to a carbon financial market pricing mechanism to build China’s carbon finance market actively and thus achieving the goal of sustainable development, this paper, based on the autoregressive integrated moving average (ARIMA) model, established a carbon price prediction model for the carbon financial market, and studied the relationship between Certified Emission Reduction (CER) futures prices and spot prices, as well as the relationship between European Union allowances (EUA) futures prices and CER futures prices in an empirical manner. In this paper, EUA and CER futures prices of the European Climate Exchange (ECX) and EUA and CER spot prices of the BlueNext Environmental Exchange were selected as research objects. Granger causality test, co-integration test, and ECM were used to form a progressive econometric analysis framework. The results show that firstly, the ARIMA model can effectively predict carbon futures prices; secondly, CER futures prices cannot guide spot price, and the futures pricing function does not play a role in this market; thirdly, EUA futures price can, in the short term, effectively guide the trend of CER futures prices, with the futures pricing function between the two markets. In the long run, however, the future pricing function of the two markets is not obvious. Therefore, great differences among maturity of the two markets, degree of policy influence, and market share lead to the failure of long-run futures pricing functions. Full article
(This article belongs to the Special Issue Sustainable Financial Markets II)
Show Figures

Figure 1

Back to TopTop