nach oben

Erschienen in:

2024 | OriginalPaper | Buchkapitel

26. The Norway Government Pension Fund Global: The World’s Largest Sovereign Wealth Fund

verfasst von : Xuechen Gao

Erschienen in: The Palgrave Handbook of Sovereign Wealth Funds

Verlag: Springer International Publishing

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

The Palgrave Handbook of Sovereign Wealth Funds aims to provide a comprehensive analysis of SWFs from a multidimensional perspective. It spans the gamut from theoretical to practical while offering the right balance of detailed and user-friendly coverage. Discussion of relevant research permeates the handbook. This volume helps fill the gap by showing how SWFs are a growing and dynamic force in international finance. This chapter discusses the book’s distinguishing features, intended audience, and structure. It provides an overview of each section and chapter.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel Performance of Sovereign Wealth Funds: Benchmarks and Beyond

Nächstes Kapitel European and Asian Sovereign Wealth Funds

Backer, Larry C. 2008. The Norwegian Sovereign Wealth Fund: Between Private and Public. Georgetown Journal of International Law 40 (4): 1271–1280.

Bauer, Rob, Charlotte Christiansen, and Trond Døskeland. 2022. A Review of the Active Management of Norway’s Government Pension Fund Global. Available at https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4003433.

Benedictow, Andreas, and Pål Boug. 2014. Calculating the Real Return of the Norwegian Government Pension Fund Global by Alternative Measures of the Deflator. Discussion Papers, No. 775, Statistics Norway, Research Department, Oslo.

Caner, Mehmet, and Thomas Grennes. 200financière 9 (1): 119−125.

Caner, Mehmet, and Thomas Grennes. 2010. Sovereign Wealth Funds: The Norwegian Experience. World Economy 33 (4): 597–614.CrossRef

Chambers, David, Elroy Dimson, and Antti Ilmanen. 2012. The Norway Model. Journal of Portfolio Management 38 (2): 67–81.CrossRef

Chambers, David, Elroy Dimson, and Antti Ilmanen. 2021. The Norway Model in Perspective. Journal of Portfolio Management 47 (5): 178–187.CrossRef

Clark, Gordon L., and Ashby H. Monk. 2010a. The Norwegian Government Pension Fund: Ethics over Efficiency. Rotman International Journal of Pension Management 3 (1): 1–23.

Clark, Gordon L., and Ashby H. Monk. 2010b. The Legitimacy and Governance of Norway’s Sovereign Wealth Fund: The Ethics of Global Investment. Environment and Planning A 42 (7): 1723–1738.CrossRef

Dell’Atti, Stefano, Viviana Fanelli, and Federica Miglietta. 2021. Norwegian Pension Fund's Portfolio: What Happens to the Companies Divested for Environmental Concerns? In Contemporary Issues in Sustainable Finance: Financial Products and Financial Institutions, ed. Mario La Torre and Helen Chiappini, 191−220. Palgrave Studies in Impact Finance. Cham: Palgrave Macmillan.

Fiedorczuk, Julita. 2015. Sustainable Development in Norway on the Example of Government Pension Fund Global. Copernican Journal of Finance & Accounting 4 (1): 45–54.CrossRef

Fotak, Veljko, Xuechen Gao, and William L. Megginson. 2017. A Financial Force to be Reckoned With? A Preview of Sovereign Wealth Funds. In The Oxford Handbook of Sovereign Wealth Funds, ed. Douglas J. Cumming, Geoffrey Wood, Igor Filatotchev, and Juliane Reinecke, 16−62. Oxford, U.K.: Oxford University Press.

Gjessing, Ola Peter, and Krohn, and Henrik Syse. 2007. Norwegian Petroleum Wealth and Universal Ownership. Corporate Governance: An International Review 15 (3): 427–437.CrossRef

Goergen, Marc, Noel O’Sullivan, Geoffrey Wood, and Marijana Baric. 2018. Sovereign Wealth Funds, Productivity and People: The Impact of Norwegian Government Pension Fund-Global Investments in the United Kingdom. Human Resource Management Journal 28 (2): 288–303.CrossRef

Government Pension Fund Global. 2022. Annual Report 2022. Available at https://www.nbim.no/contentassets/99de366397a847db99ab7a156e15aaa0/gpfg_annual-report-2022.pdf.

Hoepner, Andreas G., and Lisa Schopohl. 2018. On the Price of Morals in Markets: An Empirical Study of the Swedish AP-Funds and the Norwegian Government Pension Fund. Journal of Business Ethics 151 (3): 665–692.CrossRef

International Trade Administration. 2022. Norway—Country Commercial Guide. September. Available at https://www.trade.gov/country-commercial-guides/norway-offshore-energy-oil-gas-and-renewables.

Kreander, Niklas, and Ken McPhail. 2019. State Investments and Human Rights? The Case of the Norwegian Government Pension Fund Global. Accounting, Auditing & Accountability Journal 32 (6): 1742–1770.CrossRef

Lehmann, Nico, and Almasa Sarabi. 2017. Behind the Scenes: International Evidence on the Monitoring Role of the Norwegian Pension Fund. In Academy of Management Proceedings 2017 (1), 13480. Briarcliff Manor, NY: Academy of Management.

López-Ruiz, Samara, and Maria L. Grande-Gascón. 2022. Pension Funds: Guarantors of International Legality in Western Sahara? Evidence from Norway and Sweden. The Journal of North African Studies 27 (6): 1180–1203.CrossRef

Luecke, Matthias. 2011. Stabilization and Savings Funds to Manage Natural Resource Revenues: Kazakhstan and Azerbaijan versus Norway. Comparative Economic Studies 53: 35–56.CrossRef

Macchi, Chiara, Tara V. Ho, and Luis F. Yanes. 2019. Investor Obligations in Occupied Territories: A Report on the Norwegian Government Pension Fund-Global. Essex Business and Human Rights Project: University of Essex.

Megginson, William L., and Xuechen Gao. 2020. The State of Research on Sovereign Wealth Funds. Global Finance Journal 44 (May): 100466.CrossRef

Miglietta, Federica, Giuseppe Di Martino, and Viviana Fanelli. 2022. The Environmental Policy of the Norwegian Government Pension Fund‐Global and Investors’ Reaction over Time. Business Strategy and the Environment, December 4. Available at https://doi.org/10.1002/bse.3324.

Moses, Jonathon W. 2021. A Less Than Sovereign Wealth Fund: Norway's Government Pension Fund, Global. In The Political Economy of Natural Resource Funds, ed. Eyene Okpanachi and Reeta Chowdhari Tremblay, 181−206. Cham: Palgrave Macmillan.

Nagell, Hilde W. 2011. Investor Responsibility and Norway’s Government Pension Fund-Global. Etikk i Praksis-Nordic Journal of Applied Ethics 5 (1): 79–96.CrossRef

Næss, Hans E. 2019. Investment Ethics and the Global Economy of Sports: The Norwegian Oil Fund, Formula 1 and the 2014 Russian Grand Prix. Journal of Business Ethics 158: 535–546.CrossRef

Nilsen, Heidi R., Beate Sjåfjell, and Benjamin J. Richardson. 2019. The Norwegian Government Pension Fund Global. Risk Based versus Ethical Investments. Vierteljahrshefte Zur Wirtschaftsforschung 88 (1): 65–78.CrossRef

Norges Bank Investment Management. (2023). Official website. Available at https://www.nbim.no/en/the-fund/investments/#/.

Onifade, Temitope T. 2017. Regulating Natural Resource Funds: Alaska Heritage Trust Fund, Alberta Permanent Fund, and Government Pension Fund of Norway. Global Journal of Comparative Law 6 (2): 138–173.CrossRef

Papaioannou, Michael G., and Bayasgalan Rentsendorj. 2015. Sovereign Wealth Fund Asset Allocations—Some Stylized Facts on the Norway Pension Fund Global. Procedia Economics and Finance 29: 195–199.CrossRef

Ramírez-Cendrero, Juan M., and Eszter Wirth. 2016. Is the Norwegian Model Exportable to Combat Dutch Disease? Resources Policy 48 (June): 85–96.CrossRef

Richardson, Benjamin J. 2011. Sovereign Wealth Funds and the Quest for Sustainability: Insights from Norway and New Zealand. Nordic Journal of Commercial Law 2: 1–27.

Silva, Isabela M. M. E., Hirdan K. de Medeiros, and Costa. 2019. Brazilian Social Funds: The Lessons Learned from the Norway Fund Experience. Energy Policy 129 (June): 161–167.CrossRef

Sjafjell, Beate, Heidi R. Nilsen, and Benjamin J. Richardson. 2017. Investing in Sustainability or Feeding on Stranded Assets: The Norwegian Government Pension Fund Global. Wake Forest Law Review 52 (4): 949–980.

Vasudeva, Gurneeta. 2013. Weaving Together the Normative and Regulative Roles of Government: How the Norwegian Sovereign Wealth Fund’s Responsible Conduct is Shaping Firms’ Cross-Border Investments. Organization Science 24 (6): 1662–1682.CrossRef

Velayutham, Sivakumar, and Rashedul Hasan. 2021. Sovereign Wealth Funds and Corporate Social Responsibility: A Comparison of Norway’s Government Pension Fund Global and Abu Dhabi Fund for Development. Public Administration and Policy 24 (2): 139–151.CrossRef

Wirth, Eszter. 2018. The Norwegian Government Pension Fund Global, Corporate Social Responsibility and Climate Change. Revista De Economía Mundial 48: 179–198.

Titel: The Norway Government Pension Fund Global: The World’s Largest Sovereign Wealth Fund
verfasst von: Xuechen Gao
Verlag: Springer International Publishing
Buch: The Palgrave Handbook of Sovereign Wealth Funds
Print ISBN: 978-3-031-50820-2

Electronic ISBN: 978-3-031-50821-9

Copyright-Jahr: 2024
DOI: https://doi.org/10.1007/978-3-031-50821-9_26