CART

(0) items

Fiduciary Law and Responsible Investing : In Nature⿿s Trust,9780415691369
This item qualifies for
FREE SHIPPING!
FREE SHIPPING OVER $59!

Your order must be $59 or more, you must select US Postal Service Shipping as your shipping preference, and the "Group my items into as few shipments as possible" option when you place your order.

Bulk sales, PO's, Marketplace Items, eBooks, Apparel, and DVDs not included.

Fiduciary Law and Responsible Investing : In Nature⿿s Trust

by ;
Edition:
1st
ISBN13:

9780415691369

ISBN10:
0415691362
Format:
Hardcover
Pub. Date:
4/23/2013
Publisher(s):
Routledge

Questions About This Book?

Why should I rent this book?
Renting is easy, fast, and cheap! Renting from eCampus.com can save you hundreds of dollars compared to the cost of new or used books each semester. At the end of the semester, simply ship the book back to us with a free UPS shipping label! No need to worry about selling it back.
How do rental returns work?
Returning books is as easy as possible. As your rental due date approaches, we will email you several courtesy reminders. When you are ready to return, you can print a free UPS shipping label from our website at any time. Then, just return the book to your UPS driver or any staffed UPS location. You can even use the same box we shipped it in!
What version or edition is this?
This is the 1st edition with a publication date of 4/23/2013.
What is included with this book?
  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any CDs, lab manuals, study guides, etc.
  • The Rental copy of this book is not guaranteed to include any supplemental materials. You may receive a brand new copy, but typically, only the book itself.

Summary

Socially responsible investment (SRI) and its regulation is a topic of significant international interest. The movement for SRI has expanded from its beginnings as a church-based movement, with single-issue interests, to encompass a much broader agenda including the environment and sustainable development. Nonetheless, the growth of SRI has met with some caution or resistance from mainstream financial institutions, which are concerned about its legality. Fiduciary law, the rules designed to ensure that trustees manage the assets of beneficiaries in their best interests, has generated much international discussion in the financial sector about whether it operates as an obstacle to or mandate for SRI focused on whether social and environmental issues can be deemed "financially material" to investors, and therefore recognised as legally permissible considerations. This book takes a broader look at the issues facing SRI and fiduciary duties. It evaluates how the fiduciary duties and some related legal rules governing financial institutions shape the prospects for socially responsible investment, and theorises how to reform this area of law to promote investment that supports environmentally sustainable development. The book considers how fiduciary duties manifest themselves differently in various investment institutions such as pension plans, mutual funds, insurance companies and charitable foundations. Importantly it also analyses fiduciary decision-making in practice. The book contains extensive empirical research, based on cases studies, interviews and questionnaires to explore questions such as: how do fiduciaries actually weigh financial and environmental considerations when making investment decisions? What weight do fiduciaries give to the views of beneficiaries? How do fiduciaries interpret their legal duties? The book elaborates a legal framework to promote environmentally responsible fiduciary finance, drawing upon the public trust doctrine to formulate a concept of "nature "s trust" as the principal tool for a fundamental paradigm shift in financial investment towards sustainability. This book spans a range of international experiences, makes detailed legal and market analysis of specific financial institutions, and offers practical directions for reform, and as such it will be of interest to scholars, policy-makers, intergovernmental organisations, and business and environmental organisations interested in ethical and environmental investment.


Please wait while the item is added to your cart...