How Can a Ratings-based Method for Assessing Corporate Social Responsibility (CSR) Provide an Incentive to Firms Excluded from Socially Responsible Investment Indices to Invest in CSR?

2007 ◽  
Vol 82 (4) ◽  
pp. 899-905 ◽  
Author(s):  
Avshalom Madhala Adam ◽  
Tal Shavit
2020 ◽  
Vol 30 (3) ◽  
pp. 288-334 ◽  
Author(s):  
Stéphanie Giamporcaro ◽  
Jean-Pascal Gond ◽  
Niamh O’Sullivan

ABSTRACTAlthough a growing stream of research investigates the role of government in corporate social responsibility (CSR), little is known about how governmental CSR interventions interact in financial markets. This article addresses this gap through a longitudinal study of the socially responsible investment (SRI) market in France. Building on the “CSR and government” and “regulative capitalism” literatures, we identify three modes of governmental CSR intervention—regulatory steering, delegated rowing, and microsteering—and show how they interact through the two mechanisms of layering (the accumulation of interventions) and catalyzing (the alignment of interventions). Our findings: 1) challenge the notion that, in the neoliberal order, governments are confined to steering market actors—leading and guiding their behavior—while private actors are in charge of rowing—providing products and services; 2) show how governmental CSR interventions interact and are orchestrated; and 3) provide evidence that governments can mobilize financial markets to promote CSR.


Author(s):  
Lloyd Kurtz

This article looks at shareholder activism and the industry that has emerged around socially responsible investment, which has put pressure on publicly listed companies to comply with basic ethical and social standards. Socially responsible investment is a broad field with many points of connection and disconnection with corporate social responsibility (CSR). It would be natural to assume that socially responsible investment represents an implementation of CSR in financial markets, but many social investors have motivations very different from what one might call the academic view of CSR. Socially responsible investment has a long history, and many of its practices pre-date modern conceptions of social responsibility. Since studies of socially responsible investment are often cited in discussions of CSR, it is important to understand what is, and what isn't, being said. This article therefore begins by reviewing some basic definitional issues.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Caddie Putnam Rankin

PurposeThis empirical study seeks to understand how mutual fund firms interpret conflicting pressures to conform or differentiate in the context of corporate social responsibility (CSR). Research suggests that organizations engage in practices that conform to industry standards in order to be seen as legitimate members of their industry. Other studies suggest that organizations differentiate themselves in order to compete and outperform their rivals. Pressures for organizational conformity and differentiation are explored in two types of organizations in the mutual fund industry: socially responsible investment (SRI) and non-SRI firms.Design/methodology/approachThe research is based on qualitative in-depth interviews with twenty-six mutual funds.FindingsThe analysis revealed that pressures for conformity and differentiation were salient among mutual fund executives but emphasized differently for the two types of mutual funds.Originality/valueThe study concluded by suggesting SRI firms use both strategies of conformity and differentiation to amplify the message that they adhere to the values of CSR.


2021 ◽  
Vol 315 ◽  
pp. 04008
Author(s):  
Irina Verchagina ◽  
Irina Kolechkina ◽  
Svetlana Grigashkina

The article explores the issue of the place and significance of measures for environmental protection and environmental management in the system of social responsibility of business. The retrospective of the concept of social responsibility of business, its modern content and approaches to the organization of activities are considered. The issues of applying the principles of responsible investment and its connection with the expansion of methods for assessing the effectiveness of socially responsible activities of mining companies in Russia have been studied.


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