Responsible Investment in Times of Turmoil

  • Wim Vandekerckhove
  • Jos Leys
  • Kristian Alm
  • Bert Scholtens
  • Silvana Signori
  • Henry Schäfer
Part of the Issues in Business Ethics book series (IBET, volume 31)

Table of contents

  1. Front Matter
    Pages i-xxvi
  2. Neil Eccles
    Pages 19-34
  3. Peter-Jan Engelen, Marc van Essen
    Pages 55-74
  4. Olaf Weber, Marco Mansfeld, Eric Schirrmann
    Pages 75-91
  5. Barbara Del Bosco, Nicola Misani
    Pages 113-134
  6. Joakim Sandberg
    Pages 165-177
  7. Johann A. Klaassen
    Pages 179-191
  8. Henrik Syse
    Pages 211-219
  9. Back Matter
    Pages 221-233

About this book

Introduction

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.

Keywords

Applied Economics Banking Banking Crisis Business Ethics Business Turmoil Finacial Crisis Financial Intermediation Financial Markets Investment Mainstreaming Responsible Investment SRI Socially Responsible Investing

Editors and affiliations

  • Wim Vandekerckhove
    • 1
  • Jos Leys
    • 2
  • Kristian Alm
    • 3
  • Bert Scholtens
    • 4
  • Silvana Signori
    • 5
  • Henry Schäfer
    • 6
  1. 1.Dept. of Human Resources and Organizational BehaviourUniversity of Greenwich Business School Park RowLondonUK
  2. 2.Center for Ethics and Value InquiryGhent UniversityGhentBelgium
  3. 3.BI Norwegian School of ManagementOsloNorway
  4. 4.Fac. Economics & BusinessUniversity of GroningenGroningenNetherlands
  5. 5.Dept. of Business AdministrationUniversity of BergamoBergamoItaly
  6. 6.Universität StuttgartBetriebswirtschaftliches Institut Abt. III: Allgemeine BWL und FinanzwirtschaftStuttgartGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-90-481-9319-6
  • Copyright Information Springer Science+Business Media B.V. 2011
  • Publisher Name Springer, Dordrecht
  • eBook Packages Business and Economics
  • Print ISBN 978-94-007-4070-9
  • Online ISBN 978-90-481-9319-6
  • Series Print ISSN 0925-6733
  • About this book