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Article
Investing in Green Mutual Funds: Determining the Environmental Screens Applied in Actively Managed Funds
Ed.D. Dissertations
  • Brian V. Kelly, Olivet Nazarene University
Date of Award
5-1-2010
Degree Type
Dissertation
Degree Name
Doctor of Education (EdD)
First Advisor
Mark R. Williams
Second Advisor
David A. Vance
Third Advisor
Houston Thompson
Abstract

Managers of environmentally focused mutual funds hold a leadership position with investors, and have an ethical responsibility to explain the environmental screens. The public filings of environmentally focused, actively managed funds were reviewed to determine what non-financial screening information was made public. Content analysis was conducted on the screening verbiage for environmental key words as a means of identifying screen passages within the prospectus. Quantitative analysis was conducted to determine the commonality of the holdings for environmentally focused funds. The results identified few patterns or search terms that could be effectively used on the textual content. The holdings had little commonality between the funds, except for the specific environmental investment sectors of alternative energy, climate change, and water.

Comments
Ed.D. dissertation completed in 2010 for Olivet Nazarene University.
Citation Information
Brian V. Kelly. "Investing in Green Mutual Funds: Determining the Environmental Screens Applied in Actively Managed Funds" (2010)
Available at: http://works.bepress.com/bvkelly/1/