A portfolio analysis approach to assist socially responsible investors in making decisions
Ahmed Ouenniche,
Jamal Ouenniche,
Bouchra M'zali and
Blanca Pérez-Gladish
International Journal of Operational Research, 2016, vol. 27, issue 3, 469-501
Abstract:
The main research question addressed in this paper is concerned with the cost of being a socially responsible investor. The purpose of this research is to propose a portfolio analysis approach to address this question in an attempt to assist socially responsible investors, including portfolio managers, in making investment decisions. To be more specific, we use modern portfolio theory to construct and compare efficient frontiers of portfolios, where each portfolio is a solution to either the basic Markowitz's mathematical model or to some variant or extension of it including a socially responsible concern. Our empirical results show the cost of being a socially responsible investor nowadays.
Keywords: portfolio analysis; social responsibility; financial performance; investment decisions; decision making; mathematical modelling. (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.inderscience.com/link.php?id=78940 (text/html)
Access to full text is restricted to subscribers.
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:ids:ijores:v:27:y:2016:i:3:p:469-501
Access Statistics for this article
More articles in International Journal of Operational Research from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().