Tas, Oktay; Tokmakcioglu, Kaya; Ugurlu, Umut; Isiker, Murat - In: International Journal of Islamic and Middle Eastern … 9 (2016) 4, pp. 492-511
Purpose This paper aims to compare two groups of stocks to analyze the efficiency of an ethical portfolio in comparison with a conventional portfolio. Design/methodology/approach Efficiency test by second-order stochastic dominance (SSD) approach is applied on two groups, which consist of 12...