Issues in Business Ethics

Responsible Investment in Times of Turmoil

Editors: Vandekerckhove, W., Leys, J., Alm, K., Scholtens, B., Signori, S., Schäfer, H. (Eds.)

  • Scrutinises and reflects on SRI in the context of the current financial crisis
  • Critically assesses different understandings of SRI as they play out in the market
  • Tackles epistemological, ethical and policy problems, which arise as mainstreaming SRI faces financial meltdowns
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eBook $74.99
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  • ISBN 978-90-481-9319-6
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  • Immediate eBook download after purchase
Hardcover $199.00
price for USA
  • ISBN 978-90-481-9318-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $99.00
price for USA
  • ISBN 978-94-007-4070-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

The SRI phenomenon is said to be entering the mainstream of financial intermediation. From a fairly marginal practice promoted or campaigned for by NGO’s and at odds with financial practice and orthodoxy it grew into well formulated policy adopted by a wide range of investors. Academic literature on SRI has also boomed on the assumption that mainstreaming is taking place. However, little thinking has been carried out on questions specifically arising from this alleged ‘mainstreaming’. This book, addressed to those with a scholarly or practitioner’s interest in SRI, starts filling this neglected dimension.

 Today, one cannot ignore the difficulties of main stream financing.  The financial spheres are trembling globally in one of the worst crises since the 1930’s. As a response to the crisis, the intermediation of ‘financial responsibility’ will undoubtedly be the subject of new regulation and scrutinizing.  This book looks into what these turbulences will imply for SRI.

 In view of these circumstances, one might or even should, ask oneself whether the phenomenon was not an empty fad during the exuberant high of financial euphoria that came abruptly to an end with current financial crises.  To put it rather sec: are financial intermediaries that promote ‘sustainability’ credible, while it is obvious that some developments in financial intermediation -predictably, as some say- were unsustainable?

 Is this an opportunity for enhancing SRI because of the strength and superiority it has developed or will it disappear due to a return to financial myopia? This book is the first to question the future of SRI in such a radical way.

Table of contents (13 chapters)

  • Global Finance and the Role of Responsible Investors

    Waddell, Steve

    Pages 1-18

  • New Values in Responsible Investment

    Eccles, Neil

    Pages 19-34

  • The Legitimacy of ESG Standards as an Analytical Framework for Responsible Investment

    Cadman, Tim

    Pages 35-53

  • Reputational Penalties in Financial Markets: An Ethical Mechanism?

    Engelen, Peter-Jan (et al.)

    Pages 55-74

  • The Financial Performance of RI Funds After 2000

    Weber, Olaf (et al.)

    Pages 75-91

Buy this book

eBook $74.99
price for USA (gross)
  • ISBN 978-90-481-9319-6
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $199.00
price for USA
  • ISBN 978-90-481-9318-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $99.00
price for USA
  • ISBN 978-94-007-4070-9
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Responsible Investment in Times of Turmoil
Editors
  • Wim Vandekerckhove
  • Jos Leys
  • Kristian Alm
  • Bert Scholtens
  • Silvana Signori
  • Henry Schäfer
Series Title
Issues in Business Ethics
Series Volume
31
Copyright
2011
Publisher
Springer Netherlands
Copyright Holder
Springer Science+Business Media B.V.
eBook ISBN
978-90-481-9319-6
DOI
10.1007/978-90-481-9319-6
Hardcover ISBN
978-90-481-9318-9
Softcover ISBN
978-94-007-4070-9
Series ISSN
0925-6733
Edition Number
1
Number of Pages
XXVI, 234
Topics