Do Social Indexes Outperform Market Indexes? Evidence from Indian Markets

摘要：

Investments in socially responsible investments (SRI) comprise a very small segment in the Indian markets. This study analysis if investing in SRI indexes result in different performance outcome compared to benchmark indexes. Till date there is only one SRI index in India, i.e. S&P ESG India Index, which was launched in India in Jan. 2008. The analysis focuses on the returns of S&P ESG India Index as compared to the returns on a rival, but comparable S&P CNX Nifty Index. The benchmark index is S&P CNX 500 Index. The results show that the S&P ESG India Index has outperformed the rival, but comparable Nifty portfolio as well as the market portfolio.

作者: Sumrinder Singh Sira Raminder Kaur Sira Luvjit Kaur Antal

作者单位: all of Punjabi University, Patiala, Punjab, India

会议类型: 国际会议

会议名称: 2011 Academy for Global Business Advancement(AGBAs)8th World Congress(全球商务发展学会第八届国际会议)

会议地点: 大连

会议语种:英文

页码: 229-234

在线出版日期: 2011-09-15（万方平台首次上网日期，不代表论文的发表时间）