Socially Responsible Investing And Portfolio Diversification

By Zakri Y. Bello. 2005

381 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/294a9fb4f5d4c7c3503579bca9cf537df0c31d3f

How researchers see this paper

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In Accounting

1. Bert Scholtens
2. O. Weber
3. Jeroen Derwall
4. J. T. Horst
5. Christian Klein
6. Matt Wallis
7. Perry Sadorsky
8. Kees G. Koedijk

In Finance

1. Bert Scholtens
2. Perry Sadorsky
3. J. T. Horst
4. Jeroen Derwall
5. Darren D. Lee
6. Christian Klein
7. Matt Wallis
8. O. Weber

Citations in the corpus

• Financial Impacts of Socially Responsible Activities on Airline Companies (2010, methodology): “CSR is the main variable and is measured by using the KLD rating data as adopted by recent mainstream financial studies including studies conducted by Bello (2005), Márquez & Charles (2005), and Tsoutsoura (2004).”
• Toward a theory of responsible investing : On the economic foundations of corporate social responsibility (2015, neutral): “…returns in relation to corporate social responsibility does arrive at a somewhat different conclusion: many researchers (e.g. Bauer et al., 2005; Bello, 2005; Renneboog et al., 2008) find that socially responsible investments yield returns that are not significantly different from those on…”
• Corporate social responsibility and financial performance: the “virtuous circle” revisited (2009, background): “Bello (2005) matches socially responsible mutual funds to conventional funds in the late 1990s and finds no significant difference in long-run investment performance or portfolio diversification between the two groups.”
• A Bibliometric and Visualization Analysis of Socially Responsible Funds (2019, background): “Finally, the yellow cluster was the smallest, with 10 papers, and contained influential papers about modern portfolio theory, such as Markowitz [68] or Sharpe [69], and portfolio selection of socially responsible investments [34,44,70]”
• The price of ethics and stakeholder governance: The performance of socially responsible mutual funds (2008, background): “Hamilton et al. (1993), Goldreyer and Diltz (1999), Statman (2000), and Bello (2005) show that the performance of SRI funds in the US is not significantly different from that of non-SRI funds.”
• Ethical requirement and financial interest: a literature review on socially responsible investing (2015, methodology): “Bello (2005) uses a matching approach, and shows that between 1994 and 2001 ethical funds did not underperform or outperform conventional funds regarding the effect of assets held, portfolio diversification, and variable effects of diversification on investment performance.”
• Valuation effects of corporate social responsibility (2015, background): “On the other hand, comparing the characteristics of mutual funds investing in responsible firms with a group of randomly selected conventional funds, Bello (2005) reports that socially responsible funds do not differ significantly from conventional funds in characteristics such as diversification…”