Existing literature is inconclusive about the relationship between social responsibility and institutional investors as it assumes, implicitly, that this relationship is direct. An alternative perspective, that has received less attention in the literature, is that this relationship can be...

Evidence to date on the performance of Socially Responsible Investments (SRI) has almost exclusively been conducted within equity markets. We provide new evidence on the potential of SRI for other asset classes, by assessing the performance of SRI fixed-income funds. This is the first...

Portuguese Abstract: O objetivo deste artigo é comparar a performance de fundos de investimentos tradicionais e de ETfs (Exchange Traded Funds) cujo benchmark são o Ibovespa e índices de Sustentabilidade, utilizando dados de frequência diária que abrangem o período de 20 de junho de 2012 a...