RT Journal Article
T1 Blue horizons: factor analysis of water and clean energy equity portfolios
A1 Tudor, Cristian
A1 Vlachos, Vasileios
A1 Stamatiou, Pavlos
A1 Villalba-Romero, Felix
K1 Recursos naturales - Aspectos económicos
K1 Activos financieros
AB This paper aims to assess the financial performance of diverse sustainable blue economy activities represented by ETF portfolios and evaluate whether blue firms based on natural resources, mainly water behave compared with clean energy firms and in contrast to a broad-market benchmark.The results show how blue economy water-related investments are more profitable, less volatile and follow more conservative investment policies than renewable energy investments. Findings also suggest a preference for value-driven firms within water related industries, while clean energy firms are often growth-oriented. This confirms that the blue economy firms should be preferred to clean energy firms, within the investment portfolios following a binomial risk-return strategies.
PB Emerald
YR 2026
FD 2026-01-20
LK https://hdl.handle.net/10630/45911
UL https://hdl.handle.net/10630/45911
LA eng
NO Tudor, C., Vlachos, V., Stamatiou, P., & Villalba-Romero, F. (2026). Blue horizons: factor analysis of water and clean energy equity portfolios. Review of Accounting and Finance, 1-31.
NO Blue economy stocks are increasingly gathering the interest of investors which follow a risk-return strategy but also include sustainable development principles in their investment decisions. The findings have important implications for various takeholders, including banks, portfolio managers, investors and policymakers.
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 19 mar 2026