Renneboog, Luc; ter Horst, Jenke; Zhang, C. - Tilburg University, Center for Economic Research - 2007
an explosive growth around the world. Particular to the SRI funds is that both financial goals and social objectives are … ethical issues is likely to destroy shareholder value. Furthermore, the risk-adjusted returns of SRI funds in the US and UK … are not significantly different from those of conventional funds, whereas SRI funds in Continental Europe and Asia …