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International socially responsible funds: financial performance and managerial skills during crisis and non-crisis markets

URN to cite this document:
urn:nbn:de:bvb:355-epub-441128
DOI to cite this document:
10.5283/epub.44112
Lesser, Kathrin ; Rößle, Felix ; Walkshäusl, Christian
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Date of publication of this fulltext: 12 Nov 2020 10:52


Abstract

Nofsinger and Varma (2014) provide evidence that U.S. socially responsible funds outperform conventional funds during periods of market turmoil and, therefore, grant some crisis insurance. To investigate whether the U.S.-based evidence can be transferred to international markets, the authors analyze a comprehensive sample of internationally-investing socially responsible equity funds in a period ...

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