Do Socially Responsible Fund Managers Really Invest Differently?

To date, research into socially responsible investment (SRI), and in particular the socially responsible investment funds industry, has focused on whether investing in SRI assets has any differential impact on investor returns. Prior findings generally suggest that, on a risk-adjusted basis, there i...

Full description

Saved in:  
Bibliographic Details
Authors: Benson, Karen L. (Author) ; Brailsford, Timothy J. (Author) ; Humphrey, Jacquelyn E. (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Journals Online & Print:
Drawer...
Fernleihe:Fernleihe für die Fachinformationsdienste
Published: Springer 2006
In: Journal of business ethics
Year: 2006, Volume: 65, Issue: 4, Pages: 337
Further subjects:B ethical investment
B managed funds
B Socially Responsible Investment
B portfolio composition
Online Access: Volltext (lizenzpflichtig)

MARC

LEADER 00000naa a22000002 4500
001 1785625616
003 DE-627
005 20220112043625.0
007 cr uuu---uuuuu
008 220112s2006 xx |||||o 00| ||eng c
024 7 |a 10.1007/s10551-006-0003-8  |2 doi 
035 |a (DE-627)1785625616 
035 |a (DE-599)KXP1785625616 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
084 |a 1  |2 ssgn 
100 1 |a Benson, Karen L.  |e VerfasserIn  |4 aut 
245 1 0 |a Do Socially Responsible Fund Managers Really Invest Differently? 
264 1 |c 2006 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
520 |a To date, research into socially responsible investment (SRI), and in particular the socially responsible investment funds industry, has focused on whether investing in SRI assets has any differential impact on investor returns. Prior findings generally suggest that, on a risk-adjusted basis, there is no difference in performance between SRI and conventional funds. This result has led to questions about whether SRI funds are really any different from conventional funds. This paper examines whether the portfolio allocation across industry sectors and the stock-picking ability of SRI managers are different when compared to conventional fund managers. The study finds that SRI funds exhibit different industry betas consistent with different portfolio positions, but that these differences vary from year to year. It is also found that there is little difference in stock-picking ability between the two groups of fund managers. 
650 4 |a ethical investment 
650 4 |a portfolio composition 
650 4 |a managed funds 
650 4 |a Socially Responsible Investment 
700 1 |a Brailsford, Timothy J.  |e VerfasserIn  |4 aut 
700 1 |a Humphrey, Jacquelyn E.  |e VerfasserIn  |4 aut 
773 0 8 |i Enthalten in  |t Journal of business ethics  |d Dordrecht : Springer, 1982  |g 65(2006), 4, Seite 337  |h Online-Ressource  |w (DE-627)270937129  |w (DE-600)1478688-6  |w (DE-576)121465284  |x 1573-0697  |7 nnns 
773 1 8 |g volume:65  |g year:2006  |g number:4  |g pages:337 
856 4 0 |u https://doi.org/10.1007/s10551-006-0003-8  |x Resolving-System  |z lizenzpflichtig  |3 Volltext 
935 |a mteo 
951 |a AR 
ELC |a 1 
ITA |a 1  |t 1 
LOK |0 000 xxxxxcx a22 zn 4500 
LOK |0 001 4033684484 
LOK |0 003 DE-627 
LOK |0 004 1785625616 
LOK |0 005 20220112043625 
LOK |0 008 220112||||||||||||||||ger||||||| 
LOK |0 035   |a (DE-Tue135)IxTheo#2021-12-30#624FBA692D0C73592D37EFB4DBB6006421BA3DAF 
LOK |0 040   |a DE-Tue135  |c DE-627  |d DE-Tue135 
LOK |0 092   |o n 
LOK |0 852   |a DE-Tue135 
LOK |0 852 1  |9 00 
LOK |0 935   |a ixzs  |a ixrk  |a zota 
ORI |a SA-MARC-ixtheoa001.raw