the cross-section. The results show that SRI stock indexes do not exhibit a different risk-adjusted return than … markets. This study analyses whether a SRI screening process applied to equities results in a different performance outcome … activities and the skill of the fund management do not have to be considered. This leads to a relatively direct measure of the …

dataset covering 1% of German households for the period 1995-2009, we analyse the return and risk properties that can be …Human capital contracts give private investors the right to share of students' future earnings in return for a … expected from human capital contracts. We find that funds of human capital contracts provide low risk exposures to stocks and …

information is available to fund companies than to the CNCSSF during asset allocation. Further analyses of this paper find … security fund therefore receives widespread attention in academic circles. We collected data of stocks held by the Chinese … National Council for Social Security Fund (CNCSSF) from 2004 to 2012 to research the stocks' investment efficiency …

This paper examines whether risk-taking in a lottery depends on the opportunity to respond to the lottery outcome …/or extra labor effort. We find strong evidence that ex-post access to labor opportunities reduces ex-ante risk willingness … while access to tax evasion has no effect on risk behavior. We discuss possible explanations for this result based on the …

objectives. In contrast to other studies, the analysis exclusively focuses on the non-financial performance of SRI vis … global fund universe. The SRI and non-SRI funds are analyzed with respect to differences in their Top 10 fund holdings, their …, the top holdings of both fund types seem very similar, but the results of the ranking analysis show that SRI funds have on …

idiosyncratic risk. For US companies we investigate whether owners require compensation for lack of diversification in the form of … higher returns to equity. Exposure to idiosyncratic risk is measured as the share of the owner’s net worth invested in the … and significant influence of exposure to idiosyncratic risk. This paper improves our understanding of returns to private …

idiosyncratic risk. For US companies we investigate whether owners require compensation for lack of diversification in the form of … higher returns to equity. Exposure to idiosyncratic risk is measured as the share of the owner's net worth invested in the … and significant influence of exposure to idiosyncratic risk. This paper improves our understanding of returns to private …

nicht nur für das Portfolio-Management von Anlegern auf dem US-amerikanischen Markt für Einfamilienhäuser von Relevanz …

specific risk-return characteristics (investment styles) that might be characterised as special investment vehicles different …The aim of this study is the analysis of so called socially responsible investments (SRI). First, the performance of … SRI equity investment funds and equity indices is investigated using Jensen´s alpha as performance measure. The analysis …