Advertisement

Socially Responsible Investing: Investors’ Role in Promoting Corporate Citizenship

  • Shashank Shah
  • V. E. Ramamoorthy
Chapter
Part of the India Studies in Business and Economics book series (ISBE)

Abstract

Corporate enterprises are among the most powerful institutions on the planet. Multinational enterprises, in particular, have enormous impact on the economic and social lives of people in different countries. Corporate policies and actions can have either positive or negative impact on people, communities and natural environment. The money availed by them as investment capital could be utilised to finance either socially beneficial or socially harmful business activities. Among the wide variety of investors in the world market, there is now an increasingly large group called as ‘socially conscious investors’, individual or institutional. This category of investors expect their investments to yield a fair return and at the same time promote a more healthy society, a clean environment, equal opportunities and fair treatment to people, safe and useful products and, above all, world peace and security. They seek to improve the quality of life by engaging in socially responsible investing (SRI).

Keywords

Corporate Social Responsibility Mutual Fund Institutional Investor Portfolio Selection Socially Responsible Investing 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Failaka. (2007). Islamic funds report 2006: A comprehensive review of Islamic equity funds, April Issue, Chicago.Google Scholar
  2. Forte, G., & Miglietta, F. (2007). Islamic mutual funds as faith-based funds in a socially responsible context (Working paper series). Milan: Bocconi University.Google Scholar
  3. Smyth, M. (2006). Islamic funds come of age. Middle East Banker, 11, 28–30.Google Scholar

Copyright information

© Springer India 2014

Authors and Affiliations

  • Shashank Shah
    • 1
  • V. E. Ramamoorthy
    • 2
  1. 1.Department of Management StudiesSri Sathya Sai Institute of Higher Learning Prasanthi NilayamAnantapur DistrictIndia
  2. 2.Faculty of Management and CommerceSri Sathya Sai Institute of Higher Learning Prasanthi NilayamAnantapur DistrictIndia

Personalised recommendations