Sökning: "Thomas Herke"

Hittade 1 uppsats innehållade orden Thomas Herke.

  1. 1. Socially Responsible Funds and Financial Sustainability: Effects of Investment Horizons on Fund Performance

    D-uppsats, Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Författare :Thomas Herke; Helena Cederlöf; [2015]
    Nyckelord :socially responsible investments; SRI; investment horizon; abnormal returns; churn ratio;

    Sammanfattning : This paper investigates the effect of US domestic equity mutual funds' investment horizons on their abnormal returns during 1999 to 2014, and how the effect differs for funds dedicated to socially responsible investments (SRI) and conventional, non-SRI funds. Using average fund turnover as a proxy for the fund investment horizon, we find that SRI funds tend to have significantly longer horizons than non-SRI funds. LÄS MER