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Author: | Kreander, N. (et al.) |
Title: | Evaluating the performance of ethical and non-ethical funds: A matched pair analysis |
Journal: | Journal of Business Finance and Accounting
2005 : SEP/OCT, VOL 32:7-8, p. 1465-1493 |
Index terms: | Performance appraisal Capital Funds Ethics Europe |
Language: | eng |
Abstract: | In this paper, the performance of 60 European funds from four countries is studied. The U.K. matched pair approach is extented for fund evaluation developed by to a European setting. The findings suggest that there is no difference btw. ethical and non-ethical funds according to the performance measures employed. |
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