Responsible Investing: Costs and Benefits for University Endowment Funds (Stata Code)

The file "AJJT_RI_Endowments_Code.do" provides Stata code that replicates the empirical results in the article, "Responsible Investing: Costs and Benefits for University Endowment Funds," by George O. Aragon, Yuxiang Jiang, Juha Joenvaara, and Cristian Tiu. The empirical analysis in the article makes use of novel data on the responsible investment practices of university endowments. The data are obtained from periodic surveys of colleges and universities administered by the National Association of College and University Business Officers (NACUBO). Such data are confidential administrative data and cannot be shared.

文件“AJJT_RI_Endowments_Code.do”提供了可复现论文《负责任投资：大学捐赠基金的成本与收益》实证结果的Stata代码，该论文作者为George O. Aragon、Yuxiang Jiang、Juha Joenvaara与Cristian Tiu。该论文的实证分析采用了针对大学捐赠基金负责任投资实践的新颖数据。此类数据由美国高校商务官员协会（National Association of College and University Business Officers, NACUBO）通过对全美高等院校的定期调查获取，属于保密行政数据，无法对外共享。