Chakrabarty, Bidisha; Lee, Sang Bong; Singh, Nitish - In: Management Decision 55 (2017) 8, pp. 1645-1659
Purpose The purpose of this paper is to examine the performance of exchange traded funds (ETFs) that hold corporate social responsibility (CSR) stocks and compare their risk-return characteristics with the market. Design/methodology/approach The authors use the Sharpe ratio and Jensen’s α...