Socially Responsible Investing: Investors’ Role in Promoting Corporate Citizenship
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).
KeywordsCorporate Social Responsibility Mutual Fund Institutional Investor Portfolio Selection Socially Responsible Investing
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