Schröder, Michael - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2003
The aim of this study is the analysis of so called socially responsible investments (SRI). First, the performance of … SRI equity investment funds and equity indices is investigated using Jensen´s alpha as performance measure. The analysis … performance). In the second part sensitivities regarding macroeconomic factors are estimated and the third part investigates the …