Socially responsible investments: Institutional aspects, performance, and investor behavior

By Luc Renneboog, J. T. Horst, Chendi Zhang. 2008

1,727 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e4196c10070bf42abe2791edd0c1b9a94ea96171

How researchers see this paper

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

In Accounting

1. Bert Scholtens
2. Gregor Dorfleitner
3. Klaus-Michael Menz
4. Benjamin R. Auer
5. Meng‐Wen Wu
6. C. Manescu
7. Michel Magnan
8. Kees G. Koedijk

In Strategy and Management

1. Marcus Wagner
2. Bert Scholtens
3. Klaus-Michael Menz
4. C. Manescu
5. Michel Magnan
6. Benjamin R. Auer
7. Meng‐Wen Wu
8. Shunsuke Managi

Citations in the corpus

• Measuring the level and risk of corporate responsibility – An empirical comparison of different ESG rating approaches (2015, background): “As opposed to this, a positive screening process selects companies based on corporate social performance (CSP) measures referring to the assessment of corporate social responsibility (CSR) decisions (see, for example, McWilliams and Siegel, 2001; Renneboog et al, 2008; Luo and Bhattacharya, 2009).”
• Corporate Social Responsibility: Is it Rewarded by the Corporate Bond Market? A Critical Note (2010, background): “CSR is pursuant to Renneboog et al. (2008) the sum of ecological efficiency, good corporate governance and good relations with the various stakeholders of the company.”
• Corporate Social Responsibility and Firm Value: Disaggregating the Effects on Cash Flow, Risk and Growth (2013, background): “…is conflicting evidence on whether, and to what extent, corporate social responsibility (CSR) strategies (or the lack of them) affect a firm’s financial performance (Margolis and Walsh, 2003; Orlitzky et al., 2003; Renneboog et al., 2008; van Beurden and Gossling, 2008; Margolis et al., 2009).”
• Corporate social responsibility, product market perception, and firm value (2020, neutral): “Our paper contributes to a growing body of finance literature on CSR (e.g., Ferrell et al., 2016; Kruger, 2015; Mishra, 2017; Erhemjamts et al., 2013; Deng et al., 2013; Fatemi et al., 2015; Renneboog et al., 2008; Liang and Renneboog, 2017; Lins et al., 2017; Giuli and Kostovetsky, 2014; Boone and ”
• A Bibliometric and Visualization Analysis of Socially Responsible Funds (2019, background): “[2] is a critical review of the literature on socially responsible investment (SRI) entitled “Socially responsible investment: institutional aspects, performance, and investor behavior”, which provided an overview of the state of the literature on SRI with a total of 34.”
• COVID‐19 impact, sustainability performance and firm value: international evidence (2021, positive): “For this reason, stakeholders will be more willing to provide resources and devote efforts to cooperate with these firms and contribute to their value (Renneboog et al., 2008; Gao et al., 2016; Bose et al., 2020b).”
• Do socially responsible investment indexes outperform conventional indexes? (2012, methodology): “Also, see Benson and Humphrey (2008), Galema et al. (2008) and Renneboog et al. (2008a) for other trends in the research.”
• Green and Good? The Investment Performance of US Environmental Mutual Funds (2011, background): “The vast majority of US SRI funds research finds no difference in the performance of SRI and conventional funds (see Renneboog et al. (2008) for a complete review).”
• Corporate social responsibility in the banking industry: Motives and financial performance (2013, result): “Renneboog et al. (2008) conclude that existing studies hint but do not unequivocally demonstrate that socially responsible investors are willing to accept suboptimal financial performance to pursue social or ethical objectives.”