Throwing a Curve at Socially Responsible Investing Research
Throwing a Curve at Socially Responsible Investing Research
复制标题
推动社会责任投资研究的发展
DOI：
10.1177/1086026603256285
复制
发表时间：
2003
影响因子：
5.3
通讯作者：
R. Salomon
中科院分区：
文献类型：
--
作者：
Michael L. Barnett;R. Salomon
本文主要关注恩廷的断言，即SRI研究存在无可救药的缺陷。尽管SRI的研究人员主要选择在这条调查路线上摘下容易摘到的果实，但有可能获得不偏不倚的更高层次的洞察。SRI研究最好的作用是帮助公司和投资者确定市场需要什么。正如恩廷指出的那样，对一家公司来说，什么是道德行为，什么不是道德行为的定义是一个泥潭，衡量具有社会责任的投资者是否迫使公司变得道德的能力令人怀疑。这篇论文还同意沃多克的观点，即负社会责任的投资者导致公司采取了某些行动，如果没有这种压力，他们可能会很晚才采取行动，或者根本不采取行动。然而，这些行为是否让企业变得道德，并不是SRI研究人员应该参与的辩论。当然，最近发生的事件表明，尽管总的来说，公司现在对各种社会问题更敏感，但它们不是道德实体，也不应该被视为道德实体。
This paper primarily focuses on Entine's assertion that SRI research is hopelessly flawed. Although SRI researchers have primarily chosen to pluck the low-hanging fruit in this line of inquiry, it is possible to obtain unbiased higher level insight. SRI research best functions as a means of helping firms and investors identify what the market wants. As Entine points out, the definition of what is and is not moral behavior for a firm is a quagmire, and the ability to measure whether socially responsible investors have forced firms to become moral is suspect. The paper also agrees with Waddock that socially responsible investors have caused firms to take certain actions that, without such pressure, they would have taken much later or not at all. However, whether these actions have made firms moral is not a debate that SRI researchers should enter. Certainly, events of late would suggest that although firms, by and large, are now more responsive to a variety of social issues, they are not moral entities, and should not be viewed as such.