• Rupture de stock

On the Financial Performance of Socially Responsible Investments [extrait BMI 128]

50,00 €
TTC
Quantité
Add to wishlist
Rupture de stock

Version numérique PDF

Socially responsible (SR) investors? strategies depend not only on financial analysis but also on information regarding companies? environmental, social, and governance (ESG) policies. This article relies on various theoretical models to identify the financial performance one can expect from SR investments. In doing so, the article offers insights on the design of SR investment strategies and on the choice of SR investment target companies. The conceptual analyses suggest that SR investors may generate abnormal performance in presence of market inefficiencies. Outperformance may derive from SRI being able to collect better information than other investors on ESG issues, and implementing best-in-class strategies. Outperformance may also follow from engagement strategies bound to enhance firms? ESG policies. In both cases, outperformance necessitates investments in ESG information collection and analysis, and, potentially, engagement capacities. Some empirical analyses of SR investors? financial performance are reviewed. They suggest that, to this date, abnormal performance has been observed for engagement strategies.Keywords: Socially Responsible Investments; Investment Strategies; Exclusion; Best-In-Class;Engagement; Performance.JEL codes: G11; G14; G32.

Auteurs :Pouget Sébastien
Extrait de la revue BMI 128

BMI128-1116206
Nouveau

16 autres produits dans la même catégorie :

Bankers, Markets &...
  • Rupture de stock
Availability: Out of stock

Sommaire

Articles

  • Editor’s letter
  • HFT and Market Quality
  • On the Financial Performance of Socially Responsible Investments
  • Pension Reform in The Netherlands: Attractive Options for other Countries?
  • French Pensions Framework in an International Perspective
  • Optimal Asset Allocation for Sovereign Wealth Funds: Theory and Practice
  • Asset Class Liquidity Risk
Bankers, Markets &...
  • Rupture de stock
Availability: Out of stock

Sommaire

Articles

  • Alpha or not Alpha: The Case of the Hedge Fund Industry
  • What Happens “Before the Birth” and “After the Death” of a Hedge Fund?
  • Hedge Fund Managers: Luck and Dynamic Assessment
  • A Time-Varying Performance Evaluation of Hedge Fund Strategies through Aggregation
  • Detecting Early Warnings for Hedge Fund Contagion
  • Edito
This website uses cookies to ensure you get the best experience on our website