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

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Lesser, Kathrin ; Rößle, Felix ; Walkshäusl, Christian
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Date of publication of this fulltext: 12 Nov 2020 10:52


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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