Of increasing importance in the last decade, socially responsible investing (SRI) can be described as the important financial aspect of the broader corporate social responsibility (CSR) area. In both Europe and the US pressure is being exerted not only from individual investors, but increasingly by government and policy-making bodies for corporations to report on not just their financial performance but also their performance from a social, ethical, and environmental perspective (the triple bottom line). With the increase in the number of courses on CSR, SRI is becoming increasingly important in its attempts to measure and influence corporate policy and behavior. As a result there is an increased need for a book which examines the developments in socially responsible investing not simply from an investor’s point of view but from a broader academic perspective. This unique book singles out and critically examines the mutual funds which constitute the financial aspect of CSR. It goes on to: evaluate the screening methods they employ investigate their role in the CSR debate examine their efforts to improve communities through community-based investing practices. The first to comprehensively analyze SRI, Schepers' text is a must-read for Masters and MBA students studying corporate governance, business ethics, and finance/investment.
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