What is it about?
If the socially responsible investments also improve financial performance, it will be great. People can make money by doing good. Some papers find the evidence that socially responsible investments can be more profitable than conventional investments, but some other papers find the opposite evidence. This paper shows overall picture on this issue and examines conditions under which socially responsible investments show better performance.
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Why is it important?
If we can make money while investing socially responsible firms, we can make a better world by encouraging more people and companies to do good things.
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This page is a summary of: Can Socially Responsible Investments Be Compatible with Financial Performance? A Meta-analysis, Asia-Pacific Journal of Financial Studies, February 2019, Wiley,
DOI: 10.1111/ajfs.12244.
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