Is there a relationship between Morningstar's ESG ratings and mutual fund performance?
We analyze the relationship between Morningstar's ESG ratings and the performance of 146 mutual funds domiciled in Norway. Dividing the sample into ESG quintiles, we find no evidence of rating level effects, nor do we find any abnormal risk-adjusted returns (alphas). However, there is a recurri...
Saved in:
| Volume: | 10 |
|---|---|
| Main Author: |
Steen, Marie
Moussawi, Julian Taghawi Gjolberg, Ole |
| Format: | Journal Article |
| Language: | English |
| Place of publication: |
Taylor & Francis 01.10.2020 |
| published in: | Journal of sustainable finance & investment Vol. 10; no. 4; pp. 349 - 370 |
| Data of publication: | 10/1/2020 |
| ISSN: |
2043-0795 2043-0809 |
| EISSN: |
2043-0809 |
| Discipline: | Business |
| Subjects: | |
| Online Access: | available in Bonn? |
| Database: | ECONIS CrossRef Database information Databases - DBIS |