Portfolio Performance Implications of Environmental, Social and Governance based Asset Selection

This study examines the linkage between corporate social responsibility and stock market returns in the USA, Canada, Germany, the United Kingdom and Switzerland. Concentrating on corporate disclosure and corporate eco-efficiency, we find mostly mixed results by employing factor performance attribution models. A theoretical framework to model the real underlying relation is presented.

MoreLess

Year of publication:	2014
Authors:	Mueller, Florian
Institutions:	Wydział Nauk Ekonomicznych, Uniwersytet Warszawski
Subject:	Corporate Social Responsibility \| Corporate Sustainability \| Corporate Disclosure \| Eco-Efficiency \| Environmental Performance \| Asset Pricing Models \| Performance Evaluation \| Portfolio Analysis \| ESG (environmental \| social \| governance) \| Asset Selection

More details

Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 2014-02 28 pages
Classification:	C51 - Model Construction and Estimation ; G11 - Portfolio Choice ; G15 - International Financial Markets ; G17 - Financial Forecasting
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010737383