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Downside Risk Measures and ESG Factors in Optimal Portfolio Construction: Evidence from European Equity Markets Cover

Downside Risk Measures and ESG Factors in Optimal Portfolio Construction: Evidence from European Equity Markets

Open Access
|Dec 2025

Authors

Carlos Andrés Zapata Quimbayo

carlosa.zapata@uexternado.edu.co

Universidad Externado de Colombia, Faculty of Finance, Bogotá, Colombia

Bernardo León Camacho

Universidad de Los Andes, School of Management, Bogotá, Colombia
DOI: https://doi.org/10.2478/eoik-2025-0082 | Journal eISSN: 2303-5013 | Journal ISSN: 2303-5005
Language: English
Page range: 5 - 17
Submitted on: Jul 16, 2025
Accepted on: Nov 23, 2025
Published on: Dec 1, 2025
Published by: Oikos Institut d.o.o.
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2025 Carlos Andrés Zapata Quimbayo, Bernardo León Camacho, published by Oikos Institut d.o.o.
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.