The financial performance of French socially responsible mutual funds

L'engagement éthique pénalise-t-il la performance ? La performance financière des FSR

Khaled Saadaoui ()
Additional contact information
Khaled Saadaoui: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School

Post-Print from HAL

Abstract: The purpose of this paper is to analyse the financial performance of French Socially Responsible Mutual Funds (SRMF) investing in the local market equities through January 1994 to January 2007. It aims to verify if using social and environnemental criteria in the investmentd decision don't reduce portfolio performance from a retail investor perspective. The findings show a general but non-significant underperformance of SRMF compared to the French Market and a conservative attitude with regard to the market risk. However, no statistically significative difference have been observed between SRMF and conventionnal funds performances.

Keywords: Économie bancaire; Économie française; Éthique et économie; Économie du risque (search for similar items in EconPapers)
Date: 2009-08-16
References: Add references at CitEc
Citations:

Published in Revue Française de Gestion, 2009, 35 (196), pp.15 - 28. ⟨10.3166/rfg.196.15-28⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05537667

DOI: 10.3166/rfg.196.15-28

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().