Does sustainability generate better financial performance? review, meta-analysis, and propositions

U Atz, T Van Holt, ZZ Liu, CC Bruno - Journal of Sustainable …, 2023 - Taylor & Francis
Sustainability in business and ESG (environmental, social, and governance) in finance have
exploded in popularity among researchers and practitioners. We surveyed 1,141 primary …

[HTML][HTML] Sustainable funds' performance evaluation

XG Yue, Y Han, D Teresiene, J Merkyte, W Liu - Sustainability, 2020 - mdpi.com
The purpose of this research is to consider if the growing popularity of sustainable
investment does not create additional risks in investing. Different views on sustainable …

Fewer reasons to sin: A five-factor investigation of vice stock returns

G Richey - Managerial Finance, 2017 - emerald.com
Purpose The purpose of this paper is to investigate the return performance of a portfolio of
US “vice stocks,” firms that manufacture and sell products such as alcohol, tobacco, gaming …

Is it good to sin when times are bad? An investigation of the defensive nature of sin stocks

GM Richey - The Journal of Investing, 2020 - pm-research.com
In this article, I use an EGARCH model to investigate whether a portfolio of sin stocks is less
resistant to downside risk or losses during market downturns than is the S&P 500, a …

Effective socially responsible investing: self-proclamation, sustainability rating, and cost

C Chang, T Krueger, HD Witte - Journal of Financial Planning, 2019 - search.proquest.com
Millennial investors are at the forefront of burgeoning interest in socially responsible
investing, or SRI, which has evolved to stand for sustainable, responsible, and impact …

Searching for Market-Outperforming ESG-Equity Mutual Funds

W Li, A Loviscek - The Journal of Wealth Management, 2023 - pm-research.com
Interest in ESG-fund investing has been rising robustly in the 21st century. Collective
performance, however, has mostly trailed that of broad market indexes, with records of …

[HTML][HTML] Who knocks on the door of portfolio performance heaven: sinner or saint investors?

JL Miralles-Quirós, MM Miralles-Quirós - Mathematics, 2020 - mdpi.com
To sin, or not to sin: that has been the question for many people for a long time, and
nowadays that question has moved to the financial markets. The existence of studies that …

The performance of morally questionable shares in South Africa (2004–2019)

JP Steyn, S Viviers - Journal of Economic and Financial Sciences, 2020 - jefjournal.org.za
Orientation: Investors are increasingly weighing up the cost of investing in companies with
adverse impacts on society and the natural environment. Research purpose: In light of the …

The Relationship Between Environmental, Social, and Governance (ESG) Ratings and Firms' Return as Expressed by Corporations' Profitability

GC Harris - 2022 - search.proquest.com
The purpose of this quantitative explanatory study is to apply stakeholder theory to examine
the explanatory relationship between CSRHub's environmental, social, and governance …

Does it actually pay off to be bad rather than good?: Sin stocks, socially responsible investing, and the EU taxonomy

I Vehviläinen - 2021 - osuva.uwasa.fi
Over the past years, investors' interest in socially responsible investing (SRI) has increased
considerably. Among others, one of the underlying factors for this is that climate change and …