Luther, Robert G.; Matatko, John; Corner, Desmond C. - In: Accounting, Auditing & Accountability Journal 5 (1992) 4
Examines the impact on investment returns of stated non‐financial criteria by utilizing information on UK “ethical” unit trusts. Over a limited period of observation there was weak evidence of some overperformance on a risk‐adjusted basis by “ethical” unit trusts. Suggests arguments...