Article ID Journal Published Year Pages File Type
1002999 Research in International Business and Finance 2016 5 Pages PDF
Abstract

The aim of this study is to understand how the definition of ethics in finance has steered socially responsible investing (SRI) towards a financial approach where ethics is guided by finance. Following a critical perspective of historical and modern SRI, we advocate a reconceptualization of the SRI paradigm through a framework that re-embeds finance in ethical and social values according to Polanyi’s theory of embeddedness. To conclude, we propose an SRI model where impact measurement and extra-financial performance guide investments.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Business and International Management
Authors
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