David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 90 (4):549 - 560 (2009)
Socially responsible investing identifies the fiduciary duty and liability for financial advisors serving individual and institutional clients when consulting in the SRI space. This article first discusses the role of a fiduciary emerging from both a legal and an ethical basis. Further, the special aspects of maintaining fiduciary duty and minimizing fiduciary liability are described as they relate to SRI. A number of recommendations are discussed: legal, ethical, and practice. This study argues that prudence focuses more on the process of decisions rather than their outcomes, as measured exclusively by rate of return.
|Keywords||advisor fiduciary fiduciary duty fiduciary liability investment advisor socially responsible investing ethical investing|
|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
Alexei M. Marcoux (2003). A Fiduciary Argument Against Stakeholder Theory. Business Ethics Quarterly 13 (1):1-24.
S. Prakash Sethi (2005). Investing in Socially Responsible Companies is a Must for Public Pension Funds – Because There is No Better Alternative. Journal of Business Ethics 56 (2):99 - 129.
Mark S. Schwartz, Meir Tamari & Daniel Schwab (2007). Ethical Investing From a Jewish Perspective. Business and Society Review 112 (1):137-161.
Citations of this work BETA
Claire Woods & Roger Urwin (2010). Putting Sustainable Investing Into Practice: A Governance Framework for Pension Funds. [REVIEW] Journal of Business Ethics 92 (1):1 - 19.
Ji Yeon Han, Hyun Soon Park & Hyeonju Jeong (2013). Individual and Organizational Antecedents of Professional Ethics of Public Relations Practitioners in Korea. Journal of Business Ethics 116 (3):553-566.
James J. Angel & Douglas McCabe (2013). Ethical Standards for Stockbrokers: Fiduciary or Suitability? [REVIEW] Journal of Business Ethics 115 (1):183-193.
Similar books and articles
Benjamin J. Richardson (2009). Keeping Ethical Investment Ethical: Regulatory Issues for Investing for Sustainability. [REVIEW] Journal of Business Ethics 87 (4):555 - 572.
Thomas Alured Faunce & T. A. Bolsin, Fiduciary Disclosure of Medical Mistakes: The Duty to Promptly Notify Patients of Adverse Health Care Events.
D. Bruce Johnsen (2003). Socially Responsible Investing: A Critical Appraisal. [REVIEW] Journal of Business Ethics 43 (3):219 - 222.
Rutheford B. Campbell Jr & Christopher W. Frost, Managers' Fiduciary Duties in Financially Distressed Corporations: Chaos in Delaware (and Elsewhere).
Allen Kaufman (2002). Managers' Double Fiduciary Duty: To Stakeholders and to Freedom. Business Ethics Quarterly 12 (2):189-214.
Steve Schueth (2003). Socially Responsible Investing in the United States. Journal of Business Ethics 43 (3):189 - 194.
Christopher J. Cowton & Joakim Sandberg (2012). Socially Responsible Investment. In Ruth Chadwick (ed.), Encyclopedia of Applied Ethics, 2nd ed. Academic Press
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.
George R. Gay (2003). Fiduciary Duty and Socially Responsible Investing. Philosophy in the Contemporary World 10 (1):49-54.
Added to index2009-03-28
Total downloads15 ( #171,795 of 1,725,430 )
Recent downloads (6 months)3 ( #211,008 of 1,725,430 )
How can I increase my downloads?