Does it Really Hurt to be Responsible?
By Jacquelyn E. Humphrey, David Tan. 2014
124 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/93f99ab1ceaf87109a9964b27aa72281c1d26890
How researchers see this paper
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In Accounting
- Lammertjan Dam
- Yacine Belghitar
- M. Mulder
- Arjan Trinks
- Pieter Jan Trinks
- Nitin Deshmukh
- Ephraim Clark
- Bert Scholtens
In Finance
- M. Mulder
- Arjan Trinks
- Lammertjan Dam
- Bert Scholtens
- Yacine Belghitar
- Pieter Jan Trinks
- Nitin Deshmukh
- Ephraim Clark
Citations in the corpus
- Fossil Fuel Divestment and Portfolio Performance (2018, methodology): “In line with related studies (Humphrey and Tan, 2014; Lobe and Walkshäusl, 2016), we estimate the Carhart (1997) four-factor model: − = + − + + + + R R α β R R β SMB β HML β WML ε ( )p t f t p p m m t f t p SMB t p HML t p WML t p t , , , , , , , , , (3) The Carhart model relates the excess returns…”
- Does it pay to be ethical? Evidence from the FTSE4Good (2014, background): “However, after controlling for managerial skills, transaction costs and fees, Humphrey and Tan (2013) find no outperformance of portfolios that include ‘‘sin’’ stocks.6 A number of other studies have compared the performance of SRI funds with conventional funds.”
- ESG Integration and the Investment Management Process: Fundamental Investing Reinvented (2016, unknown): “More recent studies, e.g., Humphrey and Tan (2014), confirm this conclusion with the latest data.”
- The Opportunity Cost of Negative Screening in Socially Responsible Investing (2017, methodology): “…the alphas obtained from the zeroinvestment regressions will provide the abnormal performance of controversial stocks when benchmarked against the market (as in Fabozzi et al. 2008) and the negatively screened market portfolios relative to the unscreened portfolio (see also Humphrey and Tan 2014).”
- The effects of environmental, social and governance disclosures and performance on firm value: A review of the literature in accounting and finance (2017, unknown): “Hence, the bulk of the current evidence – yet not the entirety, see Humphrey and Tan (2014) – suggests that this segment of SRI does come with a financial cost and investors should take this into consideration when allocating their wealth to funds applying such screens.”