The Market for Socially Responsible Investments: A Review and Evaluation
Camilleri, M.A. (2020). The Market for Socially Responsible Investments: A Review and Evaluation. In Kuna-Marszalek, A. & Klysik-Uryszek, A. CSR and Socially Responsible Investing Strategies in Transitioning and Emerging Economies. IGI Global, Hershey, USA
Posted: 12 Feb 2020
Date Written: January 18, 2020
Abstract
This chapter explains how socially responsible investing (SRI) has evolved in the last few decades and sheds light on its latest developments. It describes different forms of SRI in the financial markets; and deliberates on the rationale for the utilisation of positive and negative screenings of listed businesses and public organisations. It also presents key theoretical underpinnings on the subject, and reports that the market for the responsible investments has recently led to an increase in contractors, non-governmental organisations (NGOs) and research firms who are involved in the scrutinisation of the enterprises’ environmental, social and governance (ESG) credentials. This contribution raises awareness on the screenings of positive impact and sustainable investments. It puts forward future research avenues in this promising field of study.
Keywords: Socially Responsible Investments, SRI, Corporate Social Responsibility, Environmental, Social and Governance Reporting, Positive Screening, Negative Screening, SRI indices, Listed Businesses, SRI Contractors.
JEL Classification: E2, E22, E4, E44, M0, M1, M2, M4, M40,
Suggested Citation: Suggested Citation