skip to main content
10.1145/3383845.3383858acmotherconferencesArticle/Chapter ViewAbstractPublication PagesiccmbConference Proceedingsconference-collections
research-article

The Study about Improvement of Assessment Method of Socially Responsible Investment in the Security Market

Authors Info & Claims
Published:05 April 2020Publication History

ABSTRACT

CSR (Corporate Social Responsibility) has become a major concern of global Social Responsibility institutions and all walks of life. Enterprises should balance society and environment profit while pursuing economic profit. Meanwhile, SRI (Socially Responsible Investment) has become an emerging mode of investment. Investors started to take environmental protection, corporate governance, and social responsibility performance as the criteria to select investment targets. Therefore, there are many assessment methods to provide a guide for the SRI investors. However, some critics pointed out that SRI cannot get more investment return compared with other investment strategy. This paper will analyze the assessment methods of current SRI, and point out their shortcomings and promotes an assessment method combining with the latest theory of CSR so that the assessment method of SRI can keep abreast of the development of CSR theory and SRI can get more investment return. At last, the new assessment method is applied in practice by case study.

References

  1. Bloomberg, Calvert, Sentinel Investments, TIAA-CREF (2009). Investment consultantsand responsible investing, Proceedings of a social investment forum foundation.Google ScholarGoogle Scholar
  2. Neville KJ, Cook J, Baka J, Bakker K, Weinthal ES. Can shareholder advocacy shape energy governance? The case of the US antifracking movement. Review of International Political Economy. 2019;26(1):104--133.Google ScholarGoogle Scholar
  3. Yoon Bohyun Lee, Jeong Hwan, Byun, Ryan. Does ESG performance enhance firm value? evidence from Korea[J].Sustainability, 2018, 10(10):45--51.Google ScholarGoogle Scholar
  4. Miwa Nakai, Keiko Yamaguchi, Kenji Takeuchi. Can SRI funds better resist global financial crisis? Evidence from Japan [J]. International Review of Financial Analysis, 2016:134--141.Google ScholarGoogle Scholar
  5. María Manuela Palacios-González, Antonio Chamorro-Mera. Analysis of the predictive variables of the intention to invest in a socially responsible manner[J]. Journal of Cleaner Production, 2018:23--29.Google ScholarGoogle Scholar
  6. Mei Sun, Chih Hsiang-Lin, Nagata Kastuya. A Research on the Development and Strategies of Socially Responsible Investment [J]. Journal of Sichuan University, 2017, 213(6):141--152Google ScholarGoogle Scholar
  7. Dow Jones Index, SAM (1999). Dow Jones Sustainability World IndexGuide Book.Google ScholarGoogle Scholar
  8. Mei Sun, Katsuya Nagata and Hiroshi Onoda. The investigation of the current status of socially responsible investment indices[J]. Journal of Economics and International Finance.2011;3(13): 676--684.Google ScholarGoogle Scholar
  9. Burke L, Logsdon J M. How Corporate Social Responsibility Pays Off [J]. Long Range Planning, 1996, 29(4):495--502.Google ScholarGoogle ScholarCross RefCross Ref
  10. Peter F. Drucker. Converting Social Problems into Business Opportunities: The New Meaning of Corporate Social Responsibility [J]. Califurnia Management Review.Winter, 1984, 26 ( 2)Google ScholarGoogle ScholarCross RefCross Ref
  11. Porter M E, Kramer M R. Strategy and society: the link between competitive advantage and corporate social responsibility [J]. Harv Bus Rev, 2006, 84(12):78--92.Google ScholarGoogle Scholar
  12. Sheldon O. The Philosophy of Management[M]. Sir Isaac Pitman & Sons Press, 1923.Google ScholarGoogle Scholar
  13. Jonathan McLachlan, John Gardner. A Comparison of Socially Responsible and Conventional Investors [J]. Journal of Business Ethics, 2004, 52 (1), pp.11--25.Google ScholarGoogle ScholarCross RefCross Ref
  14. Dodd EM. For whom are corporate managers trustees [J]. Harvard Law Review, 1932, 45(7):1145--1163.Google ScholarGoogle ScholarCross RefCross Ref
  15. Lantos G.P. The Boundaries of Strategic Corporate Social Responsibility [M].Massachusetts: Stonehill College, 2001:123--145.Google ScholarGoogle Scholar
  16. Revelli C, Viviani J L. Financial performance of socially responsible investing ( SRI ): what have we learned? A meta-analysis [J]. Business Ethics: A European Review, 2015, 24(2):6--12.Google ScholarGoogle ScholarCross RefCross Ref
  17. Isabelle Maignan, O. C. Ferrell. Measuring corporate citizenship in two countries: The case of the united states and France[J]. Journal of Business Ethics, 2000, 23(3):283--297.Google ScholarGoogle ScholarCross RefCross Ref
  18. Zapf, Wolfgang. The role of innovations in modernization theory[J]. International Review of Sociology, 1991, 2(3):83--94.Google ScholarGoogle ScholarCross RefCross Ref

Index Terms

  1. The Study about Improvement of Assessment Method of Socially Responsible Investment in the Security Market

    Recommendations

    Comments

    Login options

    Check if you have access through your login credentials or your institution to get full access on this article.

    Sign in
    • Published in

      cover image ACM Other conferences
      ICCMB '20: Proceedings of the 2020 the 3rd International Conference on Computers in Management and Business
      January 2020
      303 pages
      ISBN:9781450376778
      DOI:10.1145/3383845

      Copyright © 2020 ACM

      Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

      Publisher

      Association for Computing Machinery

      New York, NY, United States

      Publication History

      • Published: 5 April 2020

      Permissions

      Request permissions about this article.

      Request Permissions

      Check for updates

      Qualifiers

      • research-article
      • Research
      • Refereed limited
    • Article Metrics

      • Downloads (Last 12 months)4
      • Downloads (Last 6 weeks)0

      Other Metrics

    PDF Format

    View or Download as a PDF file.

    PDF

    eReader

    View online with eReader.

    eReader