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Built on previous literature, this study first used the Sharpe Ratio and then extended multifactor CAPM-based model and Jensen's alpha to examine whether the Socially Responsible Investment (SRI) funds in China underperform the broad market benchmark index in China. Totally four SRI funds in...
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This paper investigates the effect of qualified foreign institutional investors (QFIIs) on corporate social responsibility (CSR) within the context of listed firms in China. We find that QFIIs offer an incisive channel for improving socially responsible practices. In addition, we find that firms...
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