Analyze Corporate Social Responsibility for Business Ethics and Sustainable Growth in Portfolio Selection and Management

摘要

There is a growing interest in corporate social responsibility,and sustainable growth is the objective for many institutional and individual investors.However,the problem for many sustainable investors is the criteria which should be used for selecting companies to produce the sustainable growth.In this paper,we study the effect of corporate social responsibility and sustainable growth in portfolio management by selecting investment objective,setting up multiple objective portfolio selection model,analyzing the efficient surface,and comparing this surface against market portfolios in the face of efficient market hypotheses.Our results could work as guidance for SRI portfolio management.