SRI Analysis and Asset Management: Independent or Convergent? A Field Study on the French Market

Patricia Crifo and Nicolas Mottis

No DR 10006, ESSEC Working Papers from ESSEC Research Center, ESSEC Business School

Abstract: This article analyzes how the actual and expected future activities of French Socially Responsible Investment (SRI) analysts may reveal a convergence process between SRI decisions and traditional financial investment decisions, that is a form of “mainstreaming” of SRI processes, by asking the SRI analysts themselves how their work has evolved and how they perceive their positioning in the asset management sector. We present the results of a field survey on the composition and activities of French SRI analysts’ teams of large institutional investors and asset managers in France in 2009. We show that the convergence towards the mainstream financial analysts seems to be clearly engaged. However, the SRI domain is still emerging and remains very fragmented leading to a wide heterogeneity of practices and positioning in the respective organizations. This is interpreted as a clear sign of a transition phase.

Keywords: Field survey; French Asset; Management industry; Mainstreaming; Socially Responsible Investments (SRI) (search for similar items in EconPapers)
JEL-codes: G11 M14 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2010-04
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.essec.fr/faculty/showDeclFileRes.do?declId=9155&key=__workpaper__ (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.essec.fr/faculty/showDeclFileRes.do?declId=9155&key=__workpaper__ [301 Moved Permanently]--> https://www.essec.edu/fr/faculty/showDeclFileRes.do?declId=9155&key=__workpaper__)

Related works:
Working Paper: SRI analysis and asset management: independent or convergent ?: A field study on the French market (2010)
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:ebg:essewp:dr-10006

Access Statistics for this paper

More papers in ESSEC Working Papers from ESSEC Research Center, ESSEC Business School ESSEC Research Center, BP 105, 95021 Cergy, France. Contact information at EDIRC.
Bibliographic data for series maintained by Sophie Magnanou (magnanou@essec.edu).