Approaching Socially Responsible Investment with a Comprehensive Ratings Scheme: Total Social Impact

The socially responsible investment industry (SRI) is slowly changing from a screening, avoidance paradigm to a comprehensive paradigm that seeks to affect corporate behavior. Credible rating systems are a key component of this sea change. Reliable and recognizable social and environmental metrics a...

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Bibliographic Details
Authors: Dillenburg, Stephen (Author) ; Greene, Timothy (Author) ; Erekson, O. Homer (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2003
In: Journal of business ethics
Year: 2003, Volume: 43, Issue: 3, Pages: 167-177
Further subjects:B corporate governance ratings
B Corporate governance
B stakeholder metrics
B Sustainability
B socially responsible investing transparency
B summit investment
B total social impact
B stakeholder ratings
B partners trust and transparency
B Stakeholders
B corporate stakeholders
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Description
Summary:The socially responsible investment industry (SRI) is slowly changing from a screening, avoidance paradigm to a comprehensive paradigm that seeks to affect corporate behavior. Credible rating systems are a key component of this sea change. Reliable and recognizable social and environmental metrics are critical to this progress. The Total Social Impact (TSI) rating approach is a new social metric scheme based on a comprehensive rating of stakeholder issues. This paper describes the evolution of SRI ratings and the role that TSI hopes to play in affecting business behavior by promoting principled business leadership.
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1023/A:1022987127960