Socially Responsible Investment in Japan: Its Mechanism and Drivers

Céline Louche () and Kyoko Sakuma-Keck ()

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Abstract: The paper explores the emergence and development of socially responsible investment (SRI) in Japan. SRI is a recent field in Japan. It is not clear which model it will follow: the European, American or its own model. Through the analysis of the historical roots of SRI, the key actors and motivations that have contributed to its diffusion, the paper provides explorative grounds to sketch the translation mechanisms of SRI in Japan and offers insight into its future path. Based on primary and secondary sources of information, the paper shows that although SRI in Japan holds some similarities with the U.S. and especially with the European model, it remains unique. It highlights the importance of translation and re-interpretation in adopting a practice in a new context. SRI in Japan is still in a dynamic construction process. Although we expect it to develop further, it is difficult to depict its future shape and form.

Keywords: Socially responsible investment; Japan; Contexualization (search for similar items in EconPapers)
Date: 2008
Note: View the original document on HAL open archive server: https://audencia.hal.science/hal-01098061v1
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Citations: View citations in EconPapers (8)

Published in Business and Professional Ethics Journal, 2008, 82 (2), pp.425-448. ⟨10.1007/s10551-008-9895-9⟩

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Working Paper: Socially responsible investment in Japan: Its mechanism and drivers (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01098061

DOI: 10.1007/s10551-008-9895-9

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