Evaluating the Performance of Socially Responsible Investment Funds
| Autor: | Tatenda Mandimutsira, Roxana Ioan, Liliana Donath |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
investors’ behavior
L21 lcsh:Business Socially responsible investment responsible investment 0502 economics and business G11 Decision-making Market value 050208 finance M14 Scope (project management) Public economics screening 05 social sciences Investment (macroeconomics) General Business Management and Accounting Sustainability Value (economics) Business lcsh:HF5001-6182 C65 General Economics Econometrics and Finance Social responsibility performance 050203 business & management |
| Zdroj: | Scientific Annals of Economics and Business, Vol 65, Iss 2, Pp 139-158 (2018) |
| ISSN: | 2501-3165 |
| DOI: | 10.2478/saeb-2018-0008 |
| Popis: | The definition and scope of sustainability have evolved over the years, stimulated by debates which have won the attention of investors, thereby creating concepts such as responsible investment, socially responsible investment, responsible finance, etc. The purpose of the paper is to demonstrate whether screening has an effect on the financial performance of mutual funds and whether these effects are positive or negative. The study mainly focuses on the U.S. market as it is well developed and therefore provides greater insight and value. The research method uses the Markowitz and Sharpe market models to determine the market value of SRI and non SRI mutual funds. The study also depicts the investors’ attitude towards embedding sustainability driven variables in the decision making process as well as the market response to socially responsible investments. |
| Databáze: | OpenAIRE |
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