Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1002999 | Research in International Business and Finance | 2016 | 5 Pages |
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.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Christophe Revelli,