Artikel

Ethical requirement and financial interest: A literature review on socially responsible investing

This paper provides an overview of the status quo in socially responsible investing (SRI) literature. We outline motives, history, and current best practice of SRI. We also provide a thorough analysis of a wide set of studies that cover two key topics in this field: the first research objective is to determine the relative performance of SRI vehicles in comparison to their conventional benchmarks. Our metaanalysis shows that most research studies find that socially responsible (SR) investments perform equal to conventional investments, but these findings are challenged by contradictory results from other studies. The second objective is to analyze SR behavior's effects on a company's financial results. We cover the period between 1986 and 2012. This paper provides future researchers with a well-documented and structured overview of the existing literature on SRI, thereby identifying gaps that might be closed by future research.

Language
Englisch

Bibliographic citation
Journal: Business Research ; ISSN: 2198-2627 ; Volume: 8 ; Year: 2015 ; Issue: 1 ; Pages: 61-98 ; Heidelberg: Springer

Classification
Management
Corporate Culture; Diversity; Social Responsibility
Portfolio Choice; Investment Decisions
Subject
Socially responsible investing
SRI
Socially responsible investment
Ethical investment
Corporate social responsibility
Investment screens
Sustainable investments
Financial performance
Business ethics
Socially responsible rating approach

Event
Geistige Schöpfung
(who)
von Wallis, Miriam
Klein, Christian
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2015

DOI
doi:10.1007/s40685-014-0015-7
Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • von Wallis, Miriam
  • Klein, Christian
  • Springer

Time of origin

  • 2015

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