We review the socially responsible investment (SRI) mutual fund performance literature to provide best practices in SRI performance attribution analysis. Based on meta-ethnography and content analysis, five themes in this literature require specific attention: data quality, social responsibility...

A new theory of altruistic corporate social responsibility is developed. Firms that advertise their social and environmental good works in effect solicit charitable contributions from customers, employees, investors and other stakeholders. They compete with not-for-profits in the market to...

Prior literature on socially responsible investment has contended that excluding “sin stocks” from a portfolio (negative screening) will reduce performance and increase risk. Further, incorporating stocks of firms with positive social responsibility scores (positive screening) will improve...

The article addresses the theoretical aspects of raising the level of socially responsible investing in Ukrainian companies for the purpose of implementation of the system of corporate social responsibility. Founded are the advantages of implementing the corporate social responsibility in the...

More and more investors apply socially responsible screens when building their stock portfolios. This raises the question whether these investors can increase their performance by incorporating such screens into their investment process. To answer this question we implement a simple trading...

We test the frequently made claim that SRI funds are conventional funds in disguise. For this purpose, we compare the portfolio holdings of SRI funds to conventional funds concerning their social and environmental standards. Our empirical study of US equity funds shows that SRI funds have a...

Цель статьи – осуществить компаративный анализ существующих дефиниций видов и сущности социально ответственного инвестирования и исследовать генезис его...

Valuations for publicly-traded companies often include an assessment of intangibles, and intangibles are among the most difficult of assets to value. We focus on the assessment of “sustainability value,” which can include going-concern value as well as sustainability evaluated from the...

All businesses must balance a focus on profits with a focus on ethics. In today¡¯s business world, investors are paying an increasing amount of attention to companies¡¯ commitments to corporate sustainability (CS). In order to enhance the credibility of their CS investments, large companies...

Any economic activity calls for the exercise of moral judgement. There are some economic activities that actively promote collective benefit as a primary or secondary aim, and there are others that aim to increase the value of a firm. Investment decisions always have collective impact, but...