Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/57726
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Kempf, Alexander | en |
dc.contributor.author | Osthoff, Peer | en |
dc.date.accessioned | 2012-04-30 | - |
dc.date.accessioned | 2012-05-02T15:44:51Z | - |
dc.date.available | 2012-05-02T15:44:51Z | - |
dc.date.issued | 2007 | - |
dc.identifier.uri | http://hdl.handle.net/10419/57726 | - |
dc.description.abstract | We test the frequently made claim that SRI funds are conventional funds in disguise. For this purpose, we compare the portfolio holdings of SRI funds to conventional funds concerning their social and environmental standards. Our empirical study of US equity funds shows that SRI funds have a significantly higher ethical ranking than standard funds, i.e., they are not conventional funds in disguise. This result holds for all ethical criteria we investigate. It is stable over time and holds after controlling for several fund characteristics. Finally, we find no evidence that our result is generated by window dressing strategies of SRI funds. | en |
dc.language.iso | eng | en |
dc.publisher | |aUniversity of Cologne, Centre for Financial Research (CFR) |cCologne | en |
dc.relation.ispartofseries | |aCFR Working Paper |x07-13 | en |
dc.subject.jel | G11 | en |
dc.subject.jel | G20 | en |
dc.subject.jel | M14 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | Socially Responsible Mutual Funds | en |
dc.subject.keyword | Socially Responsible Investing | en |
dc.subject.keyword | Ethical Investment | en |
dc.title | SRI funds: Nomen est omen | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 714985082 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:cfrwps:0713 | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.