María Vargas

Associate Professor · Department of Accounting and Finance

University of Zaragoza

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Short Bio

María Vargas is an Associate Professor at the Accounting and Finance Department and an associate researcher at the Institute on Employment, Digital Society and Sustainability (IEDIS) at the University of Zaragoza. She has supervised four PhD dissertations, three of them focused on mutual funds.

Her research, initially focused on mutual funds in general, evolved towards socially responsible mutual funds. Key topics include the analysis of how non-financial constraints impact fund managers’ skills, the cash-flow timing skills of socially responsible investors, product differentiation strategies based on fund prospectus information, style-deviation practices and their consequences on money flows and sustainable scores, and the application of the Global Sustainable Competitiveness Index to sovereign bond funds.

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Selected Publications

2022
Journal of Multinational Financial Management
Product differentiation in the socially responsible mutual fund industry
2021
Sustainability Accounting, Management and Policy Journal
Style-changing behavior in the socially responsible mutual fund industry: consequences on financial and sustainable performance
2020
Business Ethics – A European Review
Socially responsible mutual fund exit decisions
2014
International Review of Economics & Finance
Fund flow bias in market timing skill. Evidence of the clientele effect
2014
Journal of Business Ethics
Environmental mutual funds: Financial performance and managerial abilities