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Fees have not received much explicit attention in the literature on SRI mutual funds.
However, several papers report average expense ratios for SRI and conventional funds (Statman,
2000; Bauer et al., 2005; Benson et al., 2006; Benson and Humphrey, 2008; Renneboog et al.,
2008a). In line with our results, none of these papers find significant differences in fees between
SRI and comparable conventional funds with the exception of Benson and Humphrey (2008),
who report that the median expense ratio is significantly higher for conventional funds. ...
Nội dung trích xuất từ tài liệu:
Department of Industrial Policy and Promotion Ministry of Commerce and Industry Government of India: CONSOLIDATED FDI POLICY 2012
