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- W2487701618 abstract "We test for performance persistence of Socially Responsible Investment (SRI) funds in the Asia Pacific using the ranked portfolio approach and contingency tables. Overall, we find very little evidence of performance persistence. Our results are consistent with the weak form of the Efficient Market Hypothesis. From a practical perspective, our findings suggest that past performance is not a good guide to making investment decisions with respect to SRI funds and that investors can just as well engage in passive asset management, subject to dealing with agency problems." @default.
- W2487701618 created "2016-08-23" @default.
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- W2487701618 date "2014-01-01" @default.
- W2487701618 modified "2023-09-24" @default.
- W2487701618 title "Performance Persistence of Socially Responsible Investment Funds in the Asia Pacific Region" @default.
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- W2487701618 doi "https://doi.org/10.1016/b978-0-12-800986-4.00020-0" @default.
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