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Social Rating: Performance Measurement or Social Mediation?

  • Françoise Quairel

Abstract

Social rating aims at providing fund managers with objective measures on extra-financial performances. It summarizes the social and environmental companies’ profiles and gives a synthetic evaluation. Social rating is often deemed as a transposition of financial rating; as this rating provides financial actors and asset managers who have neither the time nor the expertise to appraise corporate social performances (CSP) with decision-making tools. It could be defined as an independent and objective opinion on environmental and social performances of the organization. Whether financial or social, the rating can be analysed as a ‘management tool’ according to Berry (1983), that is, ‘material or conceptual means aiming at reducing complexity and at simplifying reality’.

Keywords

Corporate Social Responsibility Corporate Governance Rating Agency Credit Rating Socially Responsible Investment 
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.

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Copyright information

© Françoise Quairel 2005

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  • Françoise Quairel

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