... Conditions’, The Journal of Finance 51(2), 425–461. Gil-Bazo, J., P. Ruiz-Verdu and A. A. P. Portela: 2010, The performance of socially responsible mutual funds: the role of fees and management companies , ... (underperformance) of SRI funds. Therefore, on the one hand, it is necessary for future studies to report on the treatment of the survivorship bias in detail. On the other hand, the evidence of ... 1997, ‘On the Persistence in Mutual Fund Performance , The Journal of Finance 52(1), 57–82. Chang, C. E. and H. D. Witte: 2010, Performance Evaluation of U.S. Socially Responsible Mutual Funds:...