Socially Responsible Finance and Investing

KOLB SERIES IN FINANCE Essential Perspectives SOCIALLY RESPONSIBLE FINANCE and INVESTING The socially responsible framework for viewing finance and investing activities continues to gain momentum-especially in the wake of the recent financial and economic crises, which have touched almost every part of the world. As interest in this approach has grown, so has the need for reliable insights on how it can be effectively understood and implemented. That's why Socially Responsible Finance and Investing, part of the Robert W. Kolb Series in Finance, has been created. Engaging and informative, this reliable resource contains detailed coverage of the theory, empirical work, and practice associated with the most essential areas of socially responsible finance and investing. It not only blends the conceptual world of academia with the pragmatic view of practitioners, but it also synthesizes relevant research studies, including recent developments in the field. Divided into four comprehensive parts-with each chapter containing discussion questions to help reinforce key concepts- this book: Provides a solid foundation for understanding socially responsible finance and investing by exploring issues such as stakeholder analysis, social entrepreneurship, and the legal aspects of SRI Addresses how the impact of social concerns on financial activities has evolved over time, with insights on everything from managerial compensation and financial secrecy in global banking to predatory lending and real estate sustainability in society Touches on the topic of corporate engagement by examining the various ways of measuring CSR from the perspective of different shareholders, exploring corporate philanthropy from the perspectives of value enhancement and agency cost, and highlighting institutional investor and social activism Focuses on the investment aspects of social responsibility with discussions of the risk-adjusted performance of SRI institutional investors and financial companies, the global money flows into and out of SRI funds, and much more Now more than ever, we need to be mindful of the social responsibilities of all investment practices. The recent financial crisis has changed the financial landscape for years to come and Socially Responsible Finance and Investing is a timely guide to help you navigate this difficult terrain.