The purpose of this paper is to study whether speculative activities are ethically justified. The importance of this topic derives from the fact that many of the activities which configure a modern economy contain a speculative component. The analysis is based on the premise that the ethical...

This study examines whether investors punish moral lapses of the company management that violated various established code of conduct and regulations. I further examine whether the moral lapses of the corporate leaders have had any impact on the share price behavior and consequently the returns...

This paper examines the performance of technical trading rules in Socially Responsible Investment (SRI) indices. Unlike previous studies, we separate technical trading rules into those that aim to trend-follow and those that employ mean-reversion. Using three popular FTSE4Good indices, we show...

Purpose - This paper explores how a firm's public stand on a social-political issue can be a salient signal of the firm's values, identity and reputation. In particular, it investigates how boycott participation-conceptualized as a cue of a corporation's stand on important social-political...