Liedekerke, L. Van; Moor, L. De; Walleghem, D. Van - In: Review of Business and Economics LII (2007) 4, pp. 673-685
In this paper we apply a conditional 4-factor model to analyse the risk-return profile of Belgian socially responsible investment funds (SRI) versus their conventional counterparts. We cannot reject the hypothesis that there is no statistical difference between the risk-return trade-off of SRI...