Socially Responsible Investing and Management Style of Mutual Funds in the Euronext Stock Markets
- 1 January 2001
- preprint
- Published by Elsevier BV in SSRN Electronic Journal
Abstract
This paper analyses fund management styles on the Euronext stock exchanges. Especially, we investigate how social responsibility is accounted for. We use style analysis to assess fund performance in Belgium, France, and the Netherlands for over 800 investment funds during the 1990s. We find remarkable and significant differences in performance characteristics among these markets. Furthermore, we find that funds that to some extent mirror well known social responsibility indices tend to perform better than funds that bear no relationship with social responsible investment strategies.Keywords
Other Versions
This publication has 3 references indexed in Scilit:
- Introduction to FundsPublished by Wiley ,2014
- The Dimensions of International Equity StyleThe Journal of Investing, 1998
- Is There a Cost to Being Socially Responsible in Investing?The Journal of Investing, 1997