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This book is concerned with the theory and practice of social investment as a profession. It offers a conceptual foundation for investment policy and research, and reviews empirical studies supporting new directions in investment policies. It also provides guidelines for trustees, based on the best available knowledge of corporate behaviour, and presents researchers with key hypotheses to follow in gathering data for the evaluation of social investment norms. A unique study, it provides the basis for defining social investment as a field of knowledge.
Preface; Part I. The Idea of Social Investment: 1. The meaning of social investment; 2. The activity of social investment; 3. A theory of social investment; Part II. Social Criteria and Research: 4. Social investment in business corporations; 5. Social investment in industry: a new social policy; 6. Social research on industrial policy; 7. Investment in community development; Part III. Global Social Investment: 8. International investment; 9. Social development in the Third World; Epilogue: social investment as a self-correcting movement in the market system; Notes; Bibliography; Name index; Subject index.
'This is a work reflecting much current interest and concern. I've read it with real advantage; so, I am sure, will others who are concerned with corporate government and its social effects.' John Kenneth Galbraith, Harvard University