Impacto del COVID-19 en la eficiencia de fondos de inversión

  1. MAR ARENAS-PARRA 1
  2. RAQUEL QUIROGA-GARCÍA 1
  3. ALONSO PÉREZ-HEVIA 1
  1. 1 Universidad de Oviedo
    info

    Universidad de Oviedo

    Oviedo, España

    ROR https://ror.org/006gksa02

Revista:
Rect@: Revista Electrónica de Comunicaciones y Trabajos de ASEPUMA

ISSN: 1575-605X

Año de publicación: 2022

Volumen: 23

Número: 2

Páginas: 137-161

Tipo: Artículo

DOI: 10.24309/RECTA.2022.23.2.04 DIALNET GOOGLE SCHOLAR lock_openDialnet editor

Otras publicaciones en: Rect@: Revista Electrónica de Comunicaciones y Trabajos de ASEPUMA

Resumen

En las últimas décadas, los inversores se han preocupado no sólo de obtener rentabilidad de sus carteras, sino también de casar ese rendimiento con valores éticos relacionados con el mantenimiento del medio ambiente, la responsabilidad social y la gobernanza. Surge así la llamada Inversión Socialmente Responsable, siendo los fondos de inversión socialmente responsables uno de sus instrumentos más importantes. En este trabajo, hemos utilizado el análisis envolvente de datos (DEA) para analizar el impacto del COVID-19 sobre la eficiencia de fondos de inversión socialmente responsables del Reino Unido. Para ello hemos dividido nuestro periodo de estudio en dos: pre-COVID y COVID. De esta forma podremos concluir si hay diferencia respecto a la eficiencia en los fondos según su nivel de sostenibilidad y el periodo analizado. Los resultados obtenidos nos permiten concluir que en el periodo pre-COVID los fondos más eficientes pertenecen al grupo de los de mejor calificación ESG. Si bien este grupo también es el que más se ha visto afectado por la pandemia. Lo contrario se concluye para el grupo de los de menor calificación ESG.

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Fuente de los datos: Dialnet