Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/56640 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorHirschberger, Markusen
dc.contributor.authorSteuer, Ralph E.en
dc.contributor.authorUtz, Sebastianen
dc.contributor.authorWimmer, Maximilianen
dc.date.accessioned2012-03-08-
dc.date.accessioned2012-04-05T16:12:37Z-
dc.date.available2012-04-05T16:12:37Z-
dc.date.issued2012-
dc.identifier.urihttp://hdl.handle.net/10419/56640-
dc.description.abstractThis paper presents the results of an empirical study concerning conventional and socially responsible mutual funds.We apply a sophisticated operations research algorithm embedded in inverse portfolio optimization on financial market data, ESG-scores and CRSP fund data. Due to our results we cannot find strong evidence of di erences between conventional and socially responsible mutual funds. In particular, the calculated risk tolerance parameters describing the real portfolio composition best show that socially responsible mutual funds may be even less concerned about the ESG-scores in the preference functional than conventional funds.en
dc.language.isoengen
dc.publisher|aHumboldt University of Berlin, Collaborative Research Center 649 - Economic Risk |cBerlinen
dc.relation.ispartofseries|aSFB 649 Discussion Paper |x2012-025en
dc.subject.jelC61en
dc.subject.jelG11en
dc.subject.ddc330en
dc.subject.keywordsocially responsible investingen
dc.subject.keywordinverse portfolio selectionen
dc.subject.stwEthische Geldanlageen
dc.subject.stwInvestmentfondsen
dc.subject.stwPortfolio-Managementen
dc.subject.stwVergleichen
dc.subject.stwSchätzungen
dc.subject.stwWelten
dc.titleIs socially responsible investing just screening? Evidence from mutual funds-
dc.typeWorking Paperen
dc.identifier.ppn688143695en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
279.96 kB





Publikationen in EconStor sind urheberrechtlich geschützt.