Direkt zum Inhalt

Utz, Sebastian ; Wimmer, Maximilian

Are they any good at all? A financial and ethical analysis of socially responsible mutual funds

Utz, Sebastian und Wimmer, Maximilian (2014) Are they any good at all? A financial and ethical analysis of socially responsible mutual funds. Journal of Asset Management 15 (1), S. 72-82.

Veröffentlichungsdatum dieses Volltextes: 19 Jul 2013 08:28
Artikel
DOI zum Zitieren dieses Dokuments: 10.5283/epub.28511


Zusammenfassung

In this article, we examine a broad sample of socially responsible (SR) and conventional mutual funds with respect to financial and ethical parameters. We cannot document profound differences in their financial performance. With regard to ethical performance, we indeed find that an investor who seeks to avoid the least ethical of all available funds can do so by purchasing SR mutual funds. Still, ...

In this article, we examine a broad sample of socially responsible (SR) and conventional mutual funds with respect to financial and ethical parameters. We cannot document profound differences in their financial performance. With regard to ethical performance, we indeed find that an investor who seeks to avoid the least ethical of all available funds can do so by purchasing SR mutual funds. Still, we also demonstrate that SR mutual funds are not holding considerably more ethical assets on average. Moreover, the label ‘SR mutual fund’ does not in any way guarantee the exclusion of clearly unethical firms, which contrasts to the common perception of screening out poor assets.



Beteiligte Einrichtungen


Details

DokumentenartArtikel
Titel eines Journals oder einer ZeitschriftJournal of Asset Management
Verlag:Palgrave Macmillan
Band:15
Nummer des Zeitschriftenheftes oder des Kapitels:1
Seitenanzahl:17
Seitenbereich:S. 72-82
Datum13 Februar 2014
InstitutionenWirtschaftswissenschaften > Institut für Betriebswirtschaftslehre > Lehrstuhl für Finanzierung (Prof. Dr. Gregor Dorfleitner)
Identifikationsnummer
WertTyp
10.1057/jam.2014.8DOI
Verwandte URLs
URLURL Typ
http://www.palgrave-journals.com/jam/journal/v15/n1/abs/jam20148a.htmlVerlag
Stichwörter / Keywordssocially responsible Investment, performance analysis, mutual funds, ESG-scores
Dewey-Dezimal-Klassifikation300 Sozialwissenschaften > 330 Wirtschaft
StatusVeröffentlicht
BegutachtetJa, diese Version wurde begutachtet
An der Universität Regensburg entstandenJa
URN der UB Regensburgurn:nbn:de:bvb:355-epub-285116
Dokumenten-ID28511

Bibliographische Daten exportieren

Nur für Besitzer und Autoren: Kontrollseite des Eintrags

nach oben