Publication Information

{'id': 'https://openalex.org/W3121667299', 'doi': 'https://doi.org/10.3905/joi.2019.28.2.053', 'title': 'Corporate Social Responsibility Exposure and Performance of Mutual Funds', 'display_name': 'Corporate Social Responsibility Exposure and Performance of Mutual Funds', 'publication_year': 2019, 'publication_date': '2019-01-31', 'ids': {'openalex': 'https://openalex.org/W3121667299', 'doi': 'https://doi.org/10.3905/joi.2019.28.2.053', 'mag': '3121667299'}, 'language': 'en', 'primary_location': {'is_oa': False, 'landing_page_url': 'https://doi.org/10.3905/joi.2019.28.2.053', 'pdf_url': None, 'source': {'id': 'https://openalex.org/S118000741', 'display_name': 'The Journal of Investing', 'issn_l': '1068-0896', 'issn': ['1068-0896', '2168-8613'], 'is_oa': False, 'is_in_doaj': False, 'is_core': True, 'host_organization': 'https://openalex.org/P4310320662', 'host_organization_name': 'Euromoney Institutional Investor', 'host_organization_lineage': ['https://openalex.org/P4310320662'], 'host_organization_lineage_names': ['Euromoney Institutional Investor'], 'type': 'journal'}, 'license': None, 'license_id': None, 'version': None, 'is_accepted': False, 'is_published': False}, 'type': 'article', 'type_crossref': 'journal-article', 'indexed_in': ['crossref'], 'open_access': {'is_oa': False, 'oa_status': 'closed', 'oa_url': None, 'any_repository_has_fulltext': False}, 'authorships': [{'author_position': 'first', 'author': {'id': 'https://openalex.org/A5021751937', 'display_name': 'Xi Dong', 'orcid': 'https://orcid.org/0000-0003-2733-8020'}, 'institutions': [{'id': 'https://openalex.org/I141810926', 'display_name': 'Baruch College', 'ror': 'https://ror.org/023qavy03', 'country_code': 'US', 'type': 'education', 'lineage': ['https://openalex.org/I141810926']}], 'countries': ['US'], 'is_corresponding': False, 'raw_author_name': 'Xi Dong', 'raw_affiliation_strings': ['is an assistant professor of finance at Baruch College, City University of New York in New York, NY. [email protected]'], 'affiliations': [{'raw_affiliation_string': 'is an assistant professor of finance at Baruch College, City University of New York in New York, NY. [email protected]', 'institution_ids': ['https://openalex.org/I141810926']}]}, {'author_position': 'middle', 'author': {'id': 'https://openalex.org/A5002567518', 'display_name': 'Shu Feng', 'orcid': 'https://orcid.org/0000-0002-7767-0964'}, 'institutions': [{'id': 'https://openalex.org/I130785548', 'display_name': 'Clark University', 'ror': 'https://ror.org/04123ky43', 'country_code': 'US', 'type': 'education', 'lineage': ['https://openalex.org/I130785548']}], 'countries': ['US'], 'is_corresponding': False, 'raw_author_name': 'Shu Feng', 'raw_affiliation_strings': ['is an assistant professor of finance at Clark University in Worcester, MA. [email protected]'], 'affiliations': [{'raw_affiliation_string': 'is an assistant professor of finance at Clark University in Worcester, MA. [email protected]', 'institution_ids': ['https://openalex.org/I130785548']}]}, {'author_position': 'middle', 'author': {'id': 'https://openalex.org/A5047748782', 'display_name': 'Sitikantha Parida', 'orcid': None}, 'institutions': [{'id': 'https://openalex.org/I130785548', 'display_name': 'Clark University', 'ror': 'https://ror.org/04123ky43', 'country_code': 'US', 'type': 'education', 'lineage': ['https://openalex.org/I130785548']}], 'countries': ['US'], 'is_corresponding': False, 'raw_author_name': 'Sitikantha Parida', 'raw_affiliation_strings': ['is an assistant professor of finance at Clark University in Worcester, MA. [email protected]'], 'affiliations': [{'raw_affiliation_string': 'is an assistant professor of finance at Clark University in Worcester, MA. [email protected]', 'institution_ids': ['https://openalex.org/I130785548']}]}, {'author_position': 'last', 'author': {'id': 'https://openalex.org/A5100461009', 'display_name': 'Zhihong Wang', 'orcid': 'https://orcid.org/0000-0002-8813-805X'}, 'institutions': [{'id': 'https://openalex.org/I130785548', 'display_name': 'Clark University', 'ror': 'https://ror.org/04123ky43', 'country_code': 'US', 'type': 'education', 'lineage': ['https://openalex.org/I130785548']}], 'countries': ['US'], 'is_corresponding': False, 'raw_author_name': 'Zhihong Wang', 'raw_affiliation_strings': ['is an assistant professor of accounting at Clark University in Worcester, MA. [email protected]'], 'affiliations': [{'raw_affiliation_string': 'is an assistant professor of accounting at Clark University in Worcester, MA. [email protected]', 'institution_ids': ['https://openalex.org/I130785548']}]}], 'institution_assertions': [], 'countries_distinct_count': 1, 'institutions_distinct_count': 2, 'corresponding_author_ids': [], 'corresponding_institution_ids': [], 'apc_list': None, 'apc_paid': None, 'fwci': 0.839, 'has_fulltext': True, 'fulltext_origin': 'ngrams', 'cited_by_count': 8, 'citation_normalized_percentile': {'value': 0.87913, 'is_in_top_1_percent': False, 'is_in_top_10_percent': False}, 'cited_by_percentile_year': {'min': 83, 'max': 84}, 'biblio': {'volume': '28', 'issue': '2', 'first_page': '53', 'last_page': '65'}, 'is_retracted': False, 'is_paratext': False, 'primary_topic': {'id': 'https://openalex.org/T10019', 'display_name': 'Corporate Finance and Governance', 'score': 0.9984, 'subfield': {'id': 'https://openalex.org/subfields/1402', 'display_name': 'Accounting'}, 'field': {'id': 'https://openalex.org/fields/14', 'display_name': 'Business, Management and Accounting'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, 'topics': [{'id': 'https://openalex.org/T10019', 'display_name': 'Corporate Finance and Governance', 'score': 0.9984, 'subfield': {'id': 'https://openalex.org/subfields/1402', 'display_name': 'Accounting'}, 'field': {'id': 'https://openalex.org/fields/14', 'display_name': 'Business, Management and Accounting'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, {'id': 'https://openalex.org/T10047', 'display_name': 'Financial Markets and Investment Strategies', 'score': 0.9982, 'subfield': {'id': 'https://openalex.org/subfields/2003', 'display_name': 'Finance'}, 'field': {'id': 'https://openalex.org/fields/20', 'display_name': 'Economics, Econometrics and Finance'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, {'id': 'https://openalex.org/T10081', 'display_name': 'Auditing, Earnings Management, Governance', 'score': 0.9923, 'subfield': {'id': 'https://openalex.org/subfields/1402', 'display_name': 'Accounting'}, 'field': {'id': 'https://openalex.org/fields/14', 'display_name': 'Business, Management and Accounting'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}], 'keywords': [{'id': 'https://openalex.org/keywords/stock', 'display_name': 'Stock (firearms)', 'score': 0.5231006}], 'concepts': [{'id': 'https://openalex.org/C141261163', 'wikidata': 'https://www.wikidata.org/wiki/Q218600', 'display_name': 'Corporate social responsibility', 'level': 2, 'score': 0.7985226}, {'id': 'https://openalex.org/C144133560', 'wikidata': 'https://www.wikidata.org/wiki/Q4830453', 'display_name': 'Business', 'level': 0, 'score': 0.6623926}, {'id': 'https://openalex.org/C2780821815', 'wikidata': 'https://www.wikidata.org/wiki/Q5340806', 'display_name': 'Portfolio', 'level': 2, 'score': 0.604905}, {'id': 'https://openalex.org/C64589626', 'wikidata': 'https://www.wikidata.org/wiki/Q7142812', 'display_name': 'Passive management', 'level': 4, 'score': 0.59445125}, {'id': 'https://openalex.org/C204036174', 'wikidata': 'https://www.wikidata.org/wiki/Q909380', 'display_name': 'Stock (firearms)', 'level': 2, 'score': 0.5231006}, {'id': 'https://openalex.org/C2778300220', 'wikidata': 'https://www.wikidata.org/wiki/Q114380', 'display_name': 'Financial crisis', 'level': 2, 'score': 0.47960794}, {'id': 'https://openalex.org/C43089589', 'wikidata': 'https://www.wikidata.org/wiki/Q5570807', 'display_name': 'Global assets under management', 'level': 4, 'score': 0.45288184}, {'id': 'https://openalex.org/C34375142', 'wikidata': 'https://www.wikidata.org/wiki/Q1156684', 'display_name': 'Fund of funds', 'level': 3, 'score': 0.3937087}, {'id': 'https://openalex.org/C10138342', 'wikidata': 'https://www.wikidata.org/wiki/Q43015', 'display_name': 'Finance', 'level': 1, 'score': 0.34250754}, {'id': 'https://openalex.org/C556758197', 'wikidata': 'https://www.wikidata.org/wiki/Q580018', 'display_name': 'Monetary economics', 'level': 1, 'score': 0.3280935}, {'id': 'https://openalex.org/C206757995', 'wikidata': 'https://www.wikidata.org/wiki/Q1665188', 'display_name': 'Institutional investor', 'level': 3, 'score': 0.2627437}, {'id': 'https://openalex.org/C162324750', 'wikidata': 'https://www.wikidata.org/wiki/Q8134', 'display_name': 'Economics', 'level': 0, 'score': 0.21987638}, {'id': 'https://openalex.org/C39389867', 'wikidata': 'https://www.wikidata.org/wiki/Q380767', 'display_name': 'Corporate governance', 'level': 2, 'score': 0.21691284}, {'id': 'https://openalex.org/C183582576', 'wikidata': 'https://www.wikidata.org/wiki/Q184783', 'display_name': 'Market liquidity', 'level': 2, 'score': 0.11599639}, {'id': 'https://openalex.org/C78519656', 'wikidata': 'https://www.wikidata.org/wiki/Q101333', 'display_name': 'Mechanical engineering', 'level': 1, 'score': 0.0}, {'id': 'https://openalex.org/C18903297', 'wikidata': 'https://www.wikidata.org/wiki/Q7150', 'display_name': 'Ecology', 'level': 1, 'score': 0.0}, {'id': 'https://openalex.org/C139719470', 'wikidata': 'https://www.wikidata.org/wiki/Q39680', 'display_name': 'Macroeconomics', 'level': 1, 'score': 0.0}, {'id': 'https://openalex.org/C127413603', 'wikidata': 'https://www.wikidata.org/wiki/Q11023', 'display_name': 'Engineering', 'level': 0, 'score': 0.0}, {'id': 'https://openalex.org/C86803240', 'wikidata': 'https://www.wikidata.org/wiki/Q420', 'display_name': 'Biology', 'level': 0, 'score': 0.0}], 'mesh': [], 'locations_count': 1, 'locations': [{'is_oa': False, 'landing_page_url': 'https://doi.org/10.3905/joi.2019.28.2.053', 'pdf_url': None, 'source': {'id': 'https://openalex.org/S118000741', 'display_name': 'The Journal of Investing', 'issn_l': '1068-0896', 'issn': ['1068-0896', '2168-8613'], 'is_oa': False, 'is_in_doaj': False, 'is_core': True, 'host_organization': 'https://openalex.org/P4310320662', 'host_organization_name': 'Euromoney Institutional Investor', 'host_organization_lineage': ['https://openalex.org/P4310320662'], 'host_organization_lineage_names': ['Euromoney Institutional Investor'], 'type': 'journal'}, 'license': None, 'license_id': None, 'version': None, 'is_accepted': False, 'is_published': False}], 'best_oa_location': None, 'sustainable_development_goals': [], 'grants': [], 'datasets': [], 'versions': [], 'referenced_works_count': 22, 'referenced_works': ['https://openalex.org/W1995834279', 'https://openalex.org/W2018459514', 'https://openalex.org/W2020309213', 'https://openalex.org/W2109996461', 'https://openalex.org/W2130295822', 'https://openalex.org/W2136120210', 'https://openalex.org/W2322872268', 'https://openalex.org/W2399183124', 'https://openalex.org/W2810262932', 'https://openalex.org/W3122068073', 'https://openalex.org/W3122123991', 'https://openalex.org/W3122194337', 'https://openalex.org/W3122638935', 'https://openalex.org/W3122935760', 'https://openalex.org/W3123009431', 'https://openalex.org/W3123600049', 'https://openalex.org/W3123700708', 'https://openalex.org/W3125234929', 'https://openalex.org/W3125496416', 'https://openalex.org/W3125622054', 'https://openalex.org/W3125944002', 'https://openalex.org/W3149953018'], 'related_works': ['https://openalex.org/W656254774', 'https://openalex.org/W4293181074', 'https://openalex.org/W3108455128', 'https://openalex.org/W2485179397', 'https://openalex.org/W2479405416', 'https://openalex.org/W2168136652', 'https://openalex.org/W2080996849', 'https://openalex.org/W2040120272', 'https://openalex.org/W1605819749', 'https://openalex.org/W1515802286'], 'abstract_inverted_index': {'The': [0], 'authors': [1], 'study': [2], 'the': [3, 49, 70, 85], 'performance': [4, 57, 73], 'consequences': [5], 'of': [6, 23, 122, 124], 'exposure': [7], 'to': [8, 41, 98, 103, 108, 113], 'corporate': [9], 'social': [10, 115], 'responsibility': [11], '(CSR)': [12], 'through': [13], 'stock': [14, 65], 'holdings': [15], 'for': [16], 'mutual': [17, 26], 'funds.': [18], 'Using': [19], 'a': [20, 76, 133, 139], 'large': [21], 'sample': [22], 'US': [24], 'domestic': [25], 'funds,': [27], 'they': [28], 'find': [29, 55], 'that': [30, 87, 94], 'funds': [31, 36, 89], 'overweighting': [32], 'low-CSR': [33, 88, 91, 104, 110], 'stocks': [34, 93, 111, 119], 'outperform': [35], 'underweighting': [37], 'them': [38], 'by': [39], '1.7%': [40], '2.6%': [42], 'annually.': [43], 'This': [44], 'outperformance,': [45], 'however,': [46], 'reverses': [47], 'during': [48, 138], '2008-2009': [50], 'financial': [51, 140], 'crisis.': [52], 'They': [53], 'also': [54], 'similar': [56], 'patterns': [58], 'among': [59], 'stocks.': [60], 'An': [61], 'equal-weighted': [62], 'high-minus-low': [63], 'CSR': [64], 'return': [66], 'spread': [67, 78], 'can': [68], 'explain': [69], 'CSR-based': [71], 'fund': [72], 'spread,': [74], 'whereas': [75], 'value-weighted': [77], 'cannot.': [79], 'These': [80], 'results': [81], 'are': [82, 101], 'consistent': [83], 'with': [84], 'interpretation': [86], 'overweight': [90], 'small-cap': [92], 'offer': [95], 'high': [96], 'returns': [97], 'investors': [99], 'who': [100], 'averse': [102], 'investments.': [105], 'Investors': [106], 'tend': [107], 'avoid': [109], 'due': [112], 'either': [114], 'norms': [116], 'against': [117], 'these': [118, 125], 'or': [120], 'risk': [121], 'underperformance': [123], 'investments': [126], 'when': [127], 'overall': [128], 'trust': [129], 'in': [130], 'corporations': [131], 'suffers': [132], 'negative': [134], 'shock': [135], '(such': [136], 'as': [137], 'crisis).': [141], '<b>TOPICS:</b>ESG': [142], 'investing,': [143], 'portfolio': [144, 146], 'theory,': [145], 'construction': [147]}, 'cited_by_api_url': 'https://api.openalex.org/works?filter=cites:W3121667299', 'counts_by_year': [{'year': 2024, 'cited_by_count': 3}, {'year': 2023, 'cited_by_count': 3}, {'year': 2022, 'cited_by_count': 1}, {'year': 2019, 'cited_by_count': 1}], 'updated_date': '2025-01-06T12:35:03.230515', 'created_date': '2021-02-01'}