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Socially Responsible Investment Law: Regulating the Unseen Polluters

Benjamin J Richardson. Socially Responsible Investment Law: Regulating the Unseen Polluters Authors:Benjamin J Richardson.
Publisher:
Year:2008
Serie:
Pages:624
Sizes:
Price:7830 rub.
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Book Summary:
Environmental harm is commonly associated with companies that extract, consume, and pollute our shared natural resources. Rarely are the 'unseen polluters,' the financiers that sponsor and profit from eco-damaging corporations, placed at the forefront of the environmental debate. By focusing on these unseen polluters, Benjamin Richardson provides a comprehensive examination of socially responsible investment (SRI), and offers a guide to possible reform. Richardson proposes that greater regulatory supervision of SRI will help ensure that the financial sector prioritizes ethically-based investments. In Socially Responsible Investment Law, he suggests that new governmental reforms should encourage companies to participate in socially responsible investments by providing a better mix of standards and incentives for SRI through measures that include redefining the fiduciary responsibilities of institutional investors to incorporate environmental concerns. By doing so, Richardson posits...

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