| Description |
xvii, 600 pages : illustrations ; 25 cm |
| Contents |
Ch. 1. The Potential and Limits of SRI -- I. "Unseen Polluters": A Lacuna in Environmental Law -- II. SRI: Evolutionary or Revolutionary? -- III. SRI Governance Themes -- IV. Plan of the Book -- Ch. 2. Corporate Financiers and the SRI Movement -- I. The Era of Finance Capitalism -- II. Corporate Financing -- III. Types of Financial Institutions -- IV. The SRI Movement -- Ch. 3. SRI's Challenges and Impact -- I. Business-as-Usual or a Shift to Sustainability? -- II. What Has Modern SRI Achieved? -- III. Doing Good While Doing Well? -- Ch. 4. Obstacles to SRI: Investment Regulation -- I. Introduction -- II. Financial Markets Regulation -- III. Fiduciary Duties of Institutional Investors -- IV. Fiduciary Duties of Pension Funds -- V. Investment Duties of Other Financiers -- VI. Participation in Investment Management -- VII. Conclusions -- Ch. 5. SRI Regulation -- I. The Impetus to SRI Governance -- II. Regulatory Design for Sustainability Challenges in Financial Markets -- III. Informational Mechanisms -- IV. Financial Incentive Mechanisms -- V. Environmental Liability of Financial Sponsors -- VI. Investment SRI Mandates and Restrictions -- VII. Conclusions -- Ch. 6. SRI Governance Beyond the State -- I. Governing SRI Through Market Forces -- II. Normative Frameworks for SRI -- III. Process Standards -- IV. Management Systems -- V. Rating Mechanisms -- VI. Verdict -- Ch. 7. The SRI Agenda: Climate Change and Indigenous Peoples -- I. Introduction -- II. Protecting Indigenous Peoples Through SRI -- III. Finance in a Climate of Change -- IV. Comparisons -- Ch. 8. The Path to Ethical Investment for Sustainability -- I. Renewing the Promise of SRI -- II. SRI-Adding Values, Not Just Value -- III. Governance Reforms -- IV. Finale |
| Summary |
"In Socially Responsible Investment Law, Benjamin Richardson 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 that corporate financiers, including banks, hedge funds, and pension plans will become more accountable to the goals of ensuring sustainable development."--BOOK JACKET |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Investments -- Law and legislation -- Moral and ethical aspects.
|
|
Environmental law.
|
| LC no. |
2008010851 |
| ISBN |
9780195333459 (alk. paper) |
|
0195333454 (alk. paper) |
|
