Investing in Socially Responsible Companies is a must for Public Pension Funds – Because there is no Better Alternative

By S. Prakash Sethi. 2005

205 citations recorded by the source corpus.

Subfields: Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/9cae154f9a90b208d5dd968363c2817af2342baf

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Citations in the corpus

The Drivers of Responsible Investment: The Case of European Pension Funds (2013, background): “It is the fiduciary duty of pension funds to maximise the financial return of the invested contributions (Sethi 2005; OECD 2006; Woods and Urwin 2010; Hoepner et al. 2011).”
Mindful consumption: a customer-centric approach to sustainability (2011, background): “…from collateral positive outcomes such as greater customer loyalty and better brand image (cf. Miles and Covin 2000), and stronger appeal to socially and environmentally conscious investors—an increasingly important primary stakeholder (Schueth 2003; Sethi 2005; Social Investment Forum 2007).”
The Heterogeneity of Socially Responsible Investment (2009, unknown): “12 Sethi (2005) similarly maintains that criteria”
Are Sin Stocks Paying the Price for Accounting Sins? (2011, background): “Regardless of stock return performance, Sethi (2005) argues that the socially responsible investing philosophy is critical for pension funds and other long-term institutions because of the likelihood of longevity and survival of these socially responsible firms.”
Complementary or Substitutive Effects? Corporate Governance Mechanisms and Corporate Social Responsibility (2018, background): “A number of previous studies found that effective monitoring (e.g., Graves & Waddock, 1994; Sethi, 2005) and incentive alignment (e.g., Johnson & Greening, 1999; Kock et al., 2012) had a positive impact on CSR.”
The Effect of Ownership Structure on Corporate Social Responsibility: Empirical Evidence from Korea (2011, background): “For example, Sethi (2005) argued that public pension funds tend to consider the firm’s long-term effects on the environment, sustainability, and good corporate citizenship when they make an investment decision.”
Identifying impediments to SRI in Europe: a review of the practitioner and academic literature (2008, background): “There are many reasons for the slow development in this field: (1) corporations and industry groups fear new business risks and increased pressure from publicinterest groups once the set of ESG factors is publicly acknowledged (Sethi 2005); (2) there is little incentive for short-term-focused broker”