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  1. Tinkering Toward the Good––Sustainable Investing Between Utopian Imaginaries and Actualizations.Sara Dahlman - 2022 - Journal of Business Ethics 185 (2):281-297.
    This article seeks to reimagine the relationship between sustainability and financial performance in sustainable investing. Employing a utopian lens, I show how sustainability is constantly negotiated in a process of imagining and actualizing sustainable investing. For this purpose, I explore a fin-tech start-up’s endeavors to democratize sustainable investing through digitalization. Empirically, this article contributes a detailed account of the organizational process of––and the complexities involved in––establishing a sustainable investment organization, to this end focusing on the relationship between sustainability and financial (...)
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  • The performance of socially responsible equity mutual funds: Evidence from Sweden.Carlos Leite, Maria Ceu Cortez, Florinda Silva & Christopher Adcock - 2018 - Business Ethics: A European Review 27 (2):108-126.
    This paper presents a comprehensive analysis of socially responsible funds in Sweden by assessing fund managers' abilities and performances across different market states. These issues are analyzed at the aggregate and individual fund levels. The paper also presents several new statistical tests that allow more precise inferences about differences in performance and the variability in fund returns arising from different benchmarks. In general, SR and conventional funds perform similarly to the market. At the aggregate level, SR funds investing in Sweden (...)
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  • The Role of Mutual Funds in Corporate Social Responsibility.Zhichuan Frank Li, Saurin Patel & Srikanth Ramani - 2020 - Journal of Business Ethics 174 (3):715-737.
    This paper examines the role of mutual funds in corporate social responsibility. Using a fund-level, holdings-based CSR score, we find that CSR-friendly mutual funds improve firms’ CSR standings. This effect is more pronounced for firms with higher mutual fund ownership and stronger corporate governance. We further show that while CSR-friendly mutual funds have influence on almost all CSR categories, they focus on increasing CSR strengths rather than reducing CSR concerns. We also discover that CSR-friendly funds are more likely to vote (...)
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  • Socially responsible mutual fund exit decisions.Mercedes Alda, Fernando Muñoz & María Vargas - 2019 - Business Ethics: A European Review 29 (1):82-97.
    Business Ethics: A European Review, EarlyView.
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  • (1 other version)Impact investments, evil investments, and something in between: Comparing social banks' investment criteria and strategies with depositors' investment preferences.Nikolas Höhnke & Susanne Homölle - 2021 - Business Ethics, the Environment and Responsibility 30 (3):287-310.
    Since the global financial crisis in 2007, social banks have been flooded with deposits. Previous studies have indicated that customers hold deposits with social banks due to social banks' special placement of assets. However, to date it has been far from clear how social banks select their investments, and consequently to what extent the placement of assets meets depositors' preferences. The purpose of this paper is, therefore, to investigate whether the characteristics of social banks’ placement of assets are relevant to (...)
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