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We use several measures to compare the performance of a large set of Dow Jones Islamic indexes to selected benchmarks. We test the performance over the whole period and then focus on extreme events. We identify extreme events as the 100 lowest and the 100 highest conventional World Indexes daily...
Persistent link: https://www.econbiz.de/10011073344
This paper considers an international sample of conventional and Islamic mutual funds to assess whether law, culture, and political risk affect the performance, risk-taking behavior and compensation fees of mutual funds. Overall, the results show strongly that legal conditions, culture, and...
Persistent link: https://www.econbiz.de/10010760434
This paper gives an account of a study of the emergence of SRI in France. This research aims at understanding the process favouring the integration of SRI within financial market. We focus on the role of mutual funds. The interpretation is elaborated with legitimacy theory, more precisely with...
Persistent link: https://www.econbiz.de/10010733990
This dissertation gives an account of a study of the emergence of socially responsible investment in France. We adopt an interpretative and qualitative approach. The research aims at understanding the process favouring the integration of socially responsible investment within financial market....
Persistent link: https://www.econbiz.de/10011074673
This article applies a two-step conditional Bayesian approach to hedge fund risk. First, a mixture or-two normal distributions is estimated for a core asset; one distribution being identified as linked to a "quiet" regime and the other to a "hectic" regime. The conditional probabilities of each...
Persistent link: https://www.econbiz.de/10011166530
This paper considers an international sample of conventional and Islamic mutual funds to assess whether law, culture, and political risk affect the performance and risk-taking behavior of mutual funds. Overall, the results show strongly that legal conditions, culture, and political risk have...
Persistent link: https://www.econbiz.de/10011082472
Persistent link: https://www.econbiz.de/10010707856
Persistent link: https://www.econbiz.de/10010707867
The issue of the links or underlying mechanisms between IT (Information technology) and the firm performance remains unclear. Empirical research has obtained mitigated results.The Resource-based View seems more particularly adapted for explaining the heterogeneity of firm results.Powell and...
Persistent link: https://www.econbiz.de/10010708767
Purpose this study focuses on the policy of Corporate Social Responsibility (CSR) launched in the chemical industry in the 1980s and known as “Responsible Care”. The debate surrounding this issue prompts us to question the ever-changing nature of this policy and the way to measure the...
Persistent link: https://www.econbiz.de/10011073548