David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 24 (3):215 - 222 (2000)
An important goal of ethical investment is to influence companies to improve their ethical and environmental performance. The principal means that many ethical funds employ is passive market signalling, which may not, on its own, have a significant effect. A much more promising approach may be active engagement. This paper reports on a questionnaire study of a sample of 1146 ethical investors in order to assess whether U.K. ethical investors would support more activist ethical investment and whether they would be prepared to invest in companies which are failing ethically in order to do so. The results show general support for the current practice of passive signalling accompanied by "soft" engagement in the form of lobbying and the development of dialogue in order to improve corporate practice. The "harder" options of investing in companies that err in order to change them is, however, favoured by consistent minorities.
|Keywords||Philosophy Ethics Business Education Economic Growth Management|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Katherina Glac (2009). Understanding Socially Responsible Investing: The Effect of Decision Frames and Trade-Off Options. [REVIEW] Journal of Business Ethics 87 (1):41 - 55.
Joakim Sandberg (2011). Socially Responsible Investment and Fiduciary Duty: Putting the Freshfields Report Into Perspective. [REVIEW] Journal of Business Ethics 101 (1):143-162.
Greig A. Mill (2006). The Financial Performance of a Socially Responsible Investment Over Time and a Possible Link with Corporate Social Responsibility. Journal of Business Ethics 63 (2):131 - 148.
Maria Jesus Munoz-Torres, Maria Angeles Fernandez-Izquierdo & Maria Rosario Balaguer-Franch (2004). The Social Responsibility Performance of Ethical and Solidarity Funds: An Approach to the Case of Spain. Business Ethics 13 (2-3):200-218.
Wim Vandekerckhove, Jos Leys & Dirk Van Braeckel (2008). A Speech-Act Model for Talking to Management. Building a Framework for Evaluating Communication Within the Sri Engagement Process. Journal of Business Ethics 82 (1):77 - 91.
Similar books and articles
Céline Louche, Daniel Arenas & Katinka C. Cranenburgh (2012). From Preaching to Investing: Attitudes of Religious Organisations Towards Responsible Investment. [REVIEW] Journal of Business Ethics 110 (3):301-320.
Sirkku Hellsten & Chris Mallin (2006). Are 'Ethical' or 'Socially Responsible' Investments Socially Responsible? Journal of Business Ethics 66 (4):393 - 406.
Richard Hudson (2005). Ethical Investing: Ethical Investors and Managers. Business Ethics Quarterly 15 (4):641-657.
Mark S. Schwartz (2003). The "Ethics" of Ethical Investing. Journal of Business Ethics 43 (3):195 - 213.
Marc J. Epstein, Ruth Ann McEwen & Roxanne M. Spindle (1994). Shareholder Preferences Concerning Corporate Ethical Performance. Journal of Business Ethics 13 (6):447 - 453.
Shuangge Wen (2009). Institutional Investor Activism on Socially Responsible Investment: Effects and Expectations. Business Ethics 18 (3):308-333.
Rodger Spiller (2000). Ethical Business and Investment: A Model for Business and Society. [REVIEW] Journal of Business Ethics 27 (1-2):149 - 160.
Jonathan McLachlan & John Gardner (2004). A Comparison of Socially Responsible and Conventional Investors. Journal of Business Ethics 52 (1):11-25.
Alan Lewis (1999). Morals and Markets. Business Ethics Quarterly 9 (3):439-452.
Joakim Sandberg (2008). The Ethics of Investing: Making Money or Making a Difference? Dissertation, University of Gothenburg
Added to index2009-01-28
Total downloads18 ( #153,723 of 1,726,249 )
Recent downloads (6 months)4 ( #183,615 of 1,726,249 )
How can I increase my downloads?