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...

Full description

Saved in:
Bibliographic details
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
EISSN: 2043-0809
Discipline: Business
Online Access: available in Bonn?
Database: ECONIS
Database information Databases - DBIS