Author/Authors :
Van den Bossche، نويسنده , , Filip and Rogge، نويسنده , , Nicky and Devooght، نويسنده , , Kurt and Van Puyenbroeck، نويسنده , , Tom، نويسنده ,
Title Of Article :
Robust Corporate Social Responsibility investment screening
Latin Abstract :
Although a priori company screening is a constitutive feature of Socially Responsible Investment (SRI) funds, it is not easy to substantiate that such screening effectively differentiates between companies on the basis of their Corporate Social Responsibility (CSR) calibre. Fundamentally, this is because CSR comprises several dimensions for which an undisputed aggregative model is lacking. We assess the robustness of companiesʹ CSR rankings with respect to several modelling assumptions. We then build on Giniʹs transvariation concept to select/reject specific companies in the SRI eligible universe of assets. We illustrate our approach with some specific screening issues as confronted by the ethical advisory committee of a large Belgian bank.
NaturalLanguageKeyword :
corporate social responsibility , Asset selection , Composite indicators , robustness analysis
JournalTitle :
Studia Iranica
