Does Corporate Social Responsibility Affect Mutual Fund Performance and Flows

By Sadok El Ghoul, A. Karoui. 2017

202 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Divergent ESG Ratings (2020, background): “While most studies simply compare ESG with conventional funds, El Ghoul and Karoui (2017, 2019) adopted a novel approach.”
Mandatory CSR and sustainability reporting: economic analysis and literature review (2019, background): “Similarly, El Ghoul and Karoui (2017) find that investors in mutual funds with portfolios of high-CSR-performing firms appear to derive utility from non-financial-performance attributes.”
Integrating sustainability risks in asset management: the role of ESG exposures and ESG ratings (2019, unknown): “In the empirical literature on equity funds, usually 20–40 percent of equity portfolios remain unrated (Kempf and Osthoff 2008; Auer 2016; Henke 2016; El Ghoul and Karoui 2017).”
Corporate Social Responsibility and Market Efficiency: Evidence from ESG and Misvaluation Measures (2020, background): “Further studies report that socially responsible investors derive non-financial utility from investing in accordance with socially responsible criteria and, thus, are willing to accept lower financial performance (Gutsche and Ziegler, 2019; Riedl and Smeets, 2017; Ghoul and Karoui, 2017; Bollen, 200”