 FORUM 2008Elizabeth Umlas Development and Change, 2008, vol. 39, issue 6, 1019-1036 Abstract: type="main" xml:lang="en"> Socially responsible investment (SRI) has long been a strategy for aligning values with investing, through the incorporation of environmental, social and corporate governance factors into investment decision making. Until recently, it has been considered a niche market, and is well developed in only a few countries. Yet SRI seems poised to expand greatly, as mainstream investors look to it with increasing interest, and investors in both the global north and south begin to apply SRI concepts in developing country markets. SRI is under significant pressure from these developments, which could dilute its strengths and hamper its ability to harness investment for social change. This article argues that there are several sources of relatively untapped potential that SRI can and must exploit, not only to survive these challenges and address its own weaknesses, but to succeed in changing corporate behaviour. Given growing concern about the impact of corporations on society in a globalizing world, and given SRI's potential role in influencing this impact, developing countries should be particularly interested in how SRI fares in the coming years. Date: 2008 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:devchg:v:39:y:2008:i:6:p:1019-1036 Ordering information: This journal article can be ordered from Access Statistics for this article More articles in Development and Change from International Institute of Social Studies |
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