全球智库信息集成服务系统(G2TT): Socio-Psychological Motives of Socially Responsible Investors.

G2TT

来源类型	Book Section
DOI	10.1108/S1569-373220160000019008
	Socio-Psychological Motives of Socially Responsible Investors.
	Puaschunder J; John, K.; Makhija, A.K.; Ferris, S.P.
发表日期	2017
出处	Global Corporate Governance. Eds. John, K. , Makhija, A.K. & Ferris, S.P. , pp. 209-247 Bingley, UK: Emerald Publishing Limited. ISBN 978-1-78635-165-4 DOI: 10.1108/S1569-373220160000019008 .
出版年	2017
语种	英语
摘要	The 2008/2009 World Financial Crisis underlined the importance of social responsibility for the sustainable functioning of economic markets. Heralding an age of novel heterodox economic thinking, the call for integrating social facets into mainstream economic models has reached unprecedented momentum. Financial Social Responsibility bridges the finance world with society in socially conscientious investments. Socially Responsible Investment (SRI) integrates corporate social responsibility in investment choices. In the aftermath of the 2008/2009 World Financial Crisis, SRI is an idea whose time has come. Socially conscientious asset allocation styles add to expected yield and volatility of securities social, environmental, and institutional considerations. In screenings, shareholder advocacy, community investing, social venture capital funding and political divestiture, socially conscientious investors hone their interest to align financial profit maximization strategies with social concerns. In a long history of classic finance theory having blacked out moral and ethical considerations of investment decision making, our knowledge of socio-economic motives for SRI is limited. Apart from economic profitability calculus and strategic leadership advantages, this paper sheds light on socio-psychological motives underlying SRI. Altruism, need for innovation and entrepreneurial zest alongside utility derived from social status enhancement prospects and transparency may steer investors’ social conscientiousness. Self-enhancement and social expression of future-oriented SRI options may supplement profit maximization goals. Theoretically introducing potential SRI motives serves as a first step toward an empirical validation of Financial Social Responsibility to improve the interplay of financial markets and the real economy. The pursuit of crisis-robust and sustainable financial markets through strengthened Financial Social Responsibility targets at creating lasting societal value for this generation and the following.
主题	Advanced Systems Analysis (ASA) ; Young Scientists Summer Program (YSSP)
关键词	behavioral economics, corporate social responsibility, financial social responsibility, socio-economics, socially responsible investment, socio-psychological motives
URL	http://pure.iiasa.ac.at/id/eprint/14593/
来源智库	International Institute for Applied Systems Analysis (Austria)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/134555
推荐引用方式 GB/T 7714	Puaschunder J,John, K.,Makhija, A.K.,et al. Socio-Psychological Motives of Socially Responsible Investors.. 2017.