The role of fund management institutions in the development of socially responsible investments: an analysis of the Spanish case

Maria Rosario Balaguer Franch, Maria Angeles Fernandez Izquierdo and Maria Jesus Munoz Torres

International Journal of Electronic Finance, 2008, vol. 2, issue 3, 314-329

Abstract: Socially Responsible Investment (SRI) refers to investment practices that take into account financial, social and environmental aspects. The objective of this paper is to identify the factors which may influence fund management companies in making a decision to manage and/or market SRI funds and the variables that can determine whether or not this company has an explicit Corporate Social Responsibility (CSR) policy. The results confirm our initial hypothesis that there is a positive relation between fund management companies' internal policy on CSR and the fact that they manage and/or market SRI mutual funds.

Keywords: Spanish mutual funds; socially responsible investment; SRI; corporate social responsibility; CSR; websites; e-finance; electronic finance; internet; transparency; information technology; Spain; fund management. (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=20603 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijelfi:v:2:y:2008:i:3:p:314-329

Access Statistics for this article

More articles in International Journal of Electronic Finance from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().