Ethical investment processes and outcomes

Grant Michelson*, Nick Wailes, Sandra Van Der Laan, Geoff Frost

*Corresponding author for this work

Research output: Contribution to journalReview articlepeer-review

96 Citations (Scopus)

Abstract

There is a growing body of literature on ethical or socially responsible investment across a range of disciplines. This paper highlights the key themes in the field and identifies some of the major theoretical and practical challenges facing both scholars and practitioners. One of these challenges is understanding better the complexity of the relationship between such investment practices and corporate behaviour. Noting that ethical investment is seldom characterised by agreement about what it actully constitutes, and that much of the extant research focuses on a narrow set of issues, the paper argues that there are benefits associated with examining ethical investment as a process.

Original languageEnglish
Pages (from-to)1-10
Number of pages10
JournalJournal of Business Ethics
Volume52
Issue number1
DOIs
Publication statusPublished - Jun 2004
Externally publishedYes

Keywords

  • Corporate social responsibility
  • Ethical investment
  • Funds management
  • Screening
  • Socially responsible investing

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