This work makes a significant contribution to the academic theme of financial performance of socially responsible mutual funds (SRMF) by studying the effects of social screenings size over the ethical mutual funds risk-adjusted performance. It also examines the effect of the amount of background...

In this paper, we study the potential relationship between mutual fund size and performance in a general framework. We sequentially test for a linear and a quadratic relationship using several traditional performance measures as well as a new measure based on multi-factor models. We find...