Narrow search
Showing 1 - 10 of 1,699
Cover Image
What matters to SRI investors?
Osthoff, Peer - 2008
along with the development of the SRI fund market, the performance sensitivity of SRI investors has increased. Today, SRI …
Persistent link: https://www.econbiz.de/10010302539
Cover Image
Passive investment strategies and financial bubbles
Fischer, Thomas - 2012
In this paper, a model of bounded rational investors investing their portfolio in a passive investment vehicle (e ….g., an Exchange Traded Fund replicating a broad index) or an actively managed fund is presented. The model proposes that the … bubble increases for low market liquidity and high switching speed of investors. The market volatility increases for strong …
Persistent link: https://www.econbiz.de/10010323727
Cover Image
Socially Responsible Investments in Germany, Switzerland and the United States: An Analysis of Investment Funds and Indices
Schröder, Michael - 2003
considers market timing strategies of the fund management and takes publicly available information into account (conditional …
Persistent link: https://www.econbiz.de/10010298128
Cover Image
Is socially responsible investing really beneficial? New empirical evidence for the US and European stock markets
Mollet, Janick Christian; Ziegler, Andreas - 2012
2009 reveals the appeal of a recently constructed financial databank comprising the common market return, size, value, and … momentum factors according to Carhart (1997). These risk factors from the four-factor model allow us to estimate more reliable … risk-adjusted returns than in the restrictive one-factor model based on the Capital Asset Pricing Model. In both the US and …
Persistent link: https://www.econbiz.de/10010294388
Cover Image
Ethical requirement and financial interest: A literature review on socially responsible investing
von Wallis, Miriam; Klein, Christian - In: Business Research 8 (2015) 1, pp. 61-98
This paper provides an overview of the status quo in socially responsible investing (SRI) literature. We outline motives, history, and current best practice of SRI. We also provide a thorough analysis of a wide set of studies that cover two key topics in this field: the first research objective...
Persistent link: https://www.econbiz.de/10011624499
Cover Image
When and where does it pay to be green? A look into socially responsible investing and the cost of equity capital
Wang, Yanbing; Delgado, Michael S.; Xu, Jin - In: International Journal of Corporate Social … 8 (2023) 1, pp. 1-23
We investigate the circumstances under which socially responsible investing (SRI) enhances firm long-term financial performance, and therefore provides incentives for firms to self-regulate their environmental performance. Aggregating portfolios across SRI mutual funds, we estimate the effect of...
Persistent link: https://www.econbiz.de/10014545928
Cover Image
ESG in private equity and other alternative asset classes: What the industry has accomplished so far regarding environmental, social and governance matters
Hoellermann, Jens - 2020
society including businesses. Companies have integrated corporate social responsibility into their business model as a kind of …
Persistent link: https://www.econbiz.de/10012293646
Cover Image
Socially responsible investing as a competitive strategy for trading companies in times of upheaval Amid COVID-19: Evidence from Spain
Palma-Ruiz, Jesús Manuel; Castillo-Apraiz, Julen; … - In: International Journal of Financial Studies 8 (2020) 3, pp. 1-13
Sustainable and responsible investing (SRI) is a strategy that seeks to combine both financial return and social good. The need to create and preserve SRI represents a key argument in investment decision-making, which leads other firms and investors to make strategic decisions beyond financial...
Persistent link: https://www.econbiz.de/10013200288
Cover Image
The salience of ESG ratings for stock pricing: Evidence from (potentially) confused investors
Rzeźnik, Aleksandra; Hanley, Kathleen Weiss; Pelizzon, … - 2021
We exploit a modification to Sustainalytics' environmental, social, and governance (ESG) rating methodology, which is subsequently adopted by Morningstar, to study whether ESG ratings are salient for stock pricing. We show that the inversion of the rating scale but not new information leads some...
Persistent link: https://www.econbiz.de/10012648564
Cover Image
Evaluating Greek equity funds using Data Envelopment Analysis
Babalos, Vassilios; Caporale, Guglielmo Maria; … - 2009
conclusion which may be related to the structure of the domestic stock market. Furthermore, we provide evidence against the …
Persistent link: https://www.econbiz.de/10010271154