Socially Responsible Investing: A Critical Appraisal

This paper makes three important points regarding socially responsible investing. First, the current methodology involving SRI fund divestiture of the securities of firms that engage in socially irresponsible activity often results in unacceptable unintended consequences. Second, in many cases the p...

Full description

Saved in:  
Bibliographic Details
Main Author: Johnsen, D. Bruce (Author)
Format: Electronic Article
Language:English
Check availability: HBZ Gateway
Journals Online & Print:
Drawer...
Fernleihe:Fernleihe für die Fachinformationsdienste
Published: Springer 2003
In: Journal of business ethics
Year: 2003, Volume: 43, Issue: 3, Pages: 219-222
Further subjects:B ethical externalities
B Shareholder Wealth
B social responsible investing
B portfolio spillovers
Online Access: Volltext (JSTOR)
Volltext (lizenzpflichtig)

MARC

LEADER 00000naa a22000002 4500
001 1785619187
003 DE-627
005 20220112043555.0
007 cr uuu---uuuuu
008 220112s2003 xx |||||o 00| ||eng c
024 7 |a 10.1023/A:1022998232503  |2 doi 
035 |a (DE-627)1785619187 
035 |a (DE-599)KXP1785619187 
040 |a DE-627  |b ger  |c DE-627  |e rda 
041 |a eng 
084 |a 1  |2 ssgn 
100 1 |a Johnsen, D. Bruce  |e VerfasserIn  |4 aut 
245 1 0 |a Socially Responsible Investing: A Critical Appraisal 
264 1 |c 2003 
336 |a Text  |b txt  |2 rdacontent 
337 |a Computermedien  |b c  |2 rdamedia 
338 |a Online-Ressource  |b cr  |2 rdacarrier 
520 |a This paper makes three important points regarding socially responsible investing. First, the current methodology involving SRI fund divestiture of the securities of firms that engage in socially irresponsible activity often results in unacceptable unintended consequences. Second, in many cases the proper methodolgy for SRI funds may be purposely to include the securities of such firms in the portfolio in an effort to internalize socially irresponsible interfirm spillovers. Finally, that SRI fund managers may be able to bond their performance by organizing as closed-end funds subject to takeover and liquidation if the stated socially responsible objectives are not met. 
650 4 |a social responsible investing 
650 4 |a Shareholder Wealth 
650 4 |a portfolio spillovers 
650 4 |a ethical externalities 
773 0 8 |i Enthalten in  |t Journal of business ethics  |d Dordrecht : Springer, 1982  |g 43(2003), 3, Seite 219-222  |h Online-Ressource  |w (DE-627)270937129  |w (DE-600)1478688-6  |w (DE-576)121465284  |x 1573-0697  |7 nnns 
773 1 8 |g volume:43  |g year:2003  |g number:3  |g pages:219-222 
856 |3 Volltext  |u http://www.jstor.org/stable/25074991  |x JSTOR 
856 4 0 |u https://doi.org/10.1023/A:1022998232503  |x Resolving-System  |z lizenzpflichtig  |3 Volltext 
935 |a mteo 
951 |a AR 
ELC |a 1 
ITA |a 1  |t 1 
LOK |0 000 xxxxxcx a22 zn 4500 
LOK |0 001 4033678050 
LOK |0 003 DE-627 
LOK |0 004 1785619187 
LOK |0 005 20220112043555 
LOK |0 008 220112||||||||||||||||ger||||||| 
LOK |0 035   |a (DE-Tue135)IxTheo#2021-12-30#96210D3ECE9E30751386BCDC9E3F0435F33DE94E 
LOK |0 040   |a DE-Tue135  |c DE-627  |d DE-Tue135 
LOK |0 092   |o n 
LOK |0 852   |a DE-Tue135 
LOK |0 852 1  |9 00 
LOK |0 866   |x JSTOR#http://www.jstor.org/stable/25074991 
LOK |0 935   |a ixzs  |a ixrk  |a zota 
ORI |a SA-MARC-ixtheoa001.raw