Socially responsible investment is attracting more and more attention both in practice and in academia. A growing number of fund managers do invest while taking account of the societal effects of the companies they are investing in. In this study we present a AHP model to make investment decisions in which both financial return and social return dimensions are considered. We propose a model that can be used to define a measure of the ethical performance of the mutual funds that follow a Socially Responsible Investing (SRI) approach. The final aim is to propose an index called ‘‘SRI index’’ that summarizes the “social, environmental and ethical performance” of each SRI-funds analyzed.
MEASURING THE ATTRACTIVENESS OF SOCIALLY RESPONSIBLE ASSENT INVESTMENTS
DE FELICE, Fabio;
2014-01-01
Abstract
Socially responsible investment is attracting more and more attention both in practice and in academia. A growing number of fund managers do invest while taking account of the societal effects of the companies they are investing in. In this study we present a AHP model to make investment decisions in which both financial return and social return dimensions are considered. We propose a model that can be used to define a measure of the ethical performance of the mutual funds that follow a Socially Responsible Investing (SRI) approach. The final aim is to propose an index called ‘‘SRI index’’ that summarizes the “social, environmental and ethical performance” of each SRI-funds analyzed.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
