Outperformance of Socially Responsible Investing: An Evidence in Korea

Title
Outperformance of Socially Responsible Investing: An Evidence in Korea
Other Titles
Outperformance of Socially Responsible Investing: An Evidence in Korea
Author(s)
박정윤Jung, Hyo Jin[Jung, Hyo Jin]
Keywords
socially responsible investing; SRI; outperformance; Korea; socially responsible investing; SRI; outperformance; Korea
Issue Date
201012
Publisher
한국로고스경영학회
Citation
로고스경영연구, v.8, no.3, pp.183 - 192
Abstract
The objective of this paper is to test if SRI stock funds outperform non‐SRI stock funds in Korea. We have found a strong evidence for outperformance of SRI funds against non‐SRI stock funds by two‐fold. First, we have had evidence that investment performance of SRI funds measured by Sharp Index is slightly higher than that for non‐SRI funds. Second, SRI funds seems to affect the investment performance positively even after controlling other variables such as age of funds, fund size, risk, and number of selling agencies. The research results imply that we need to consider whether stock funds belong to SRI or not. In addition, it implies that we can save our planet just by our considerate choice of investments.
URI
http://hdl.handle.net/YU.REPOSITORY/23173
ISSN
1598-8813
Appears in Collections:
경영대학 > 경영학과 > Articles
Files in This Item:
There are no files associated with this item.
Export
RIS (EndNote)
XLS (Excel)
XML


qrcode

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

BROWSE