کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1004131 937742 2009 15 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Putting our money where their mouth is: Alignment of charitable aims with charity investments – Tensions in policy and practice
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری حسابداری
پیش نمایش صفحه اول مقاله
Putting our money where their mouth is: Alignment of charitable aims with charity investments – Tensions in policy and practice
چکیده انگلیسی

Given the values-driven nature of the mission of most charities, it might be expected that investment behaviour would be similarly values-driven. This paper documents the ethical investment policies and practices of the largest UK charities and explores how these are aligned with the charitable aims, drawing upon accountability, behavioural and managerial perspectives as theoretical lenses. The study employs two distinct research methods: responses to a postal questionnaire and follow-up semi-structured interviews with selected charities. The evidence indicates that a significant minority of large charities do not have a written ethical investment policy. Charities with larger investments, fundraising charities and religious charities were more likely to have a written ethical policy. We suggest that there is a pressing need for improved alignment between charities' aims and their investment practices and better monitoring of investment policies.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: The British Accounting Review - Volume 41, Issue 3, September 2009, Pages 154–168
نویسندگان
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