From ethical investment to investment ethics: Towards a normative theory of investment ethics

Cronin, John Daniel (2004) From ethical investment to investment ethics: Towards a normative theory of investment ethics. PhD thesis, Queensland University of Technology.


This study explores the contemporary practice of Ethical and Socially Responsible Investment and concludes that it is based on an ad hoc construct of empirically derived principles, driven mainly by the commercial self-interest of large financial institutions and fund managers. It explores the relationship between investment and morality, to posit a background theory of investment ethics. The study then proposes

a move away from the narrow focus of ethical investment to a broader concern for investment ethics. The study introduces the discipline of investment ethics and examines the criteria that form the basis of morality in investment decisions. The resultant theory is intended to be of practical significance in the business and

investment domains and to assist potential investors to evaluate investment opportunities in the context of a consistent set of substantive normative ethical principles.

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ID Code: 15979
Item Type: QUT Thesis (PhD)
Supervisor: Jordan, Trevor & Isaacs, Peter
Keywords: applied ethics, investment ethics, ethics in finance, ethical investment, socially responsible investment, social responsibility, corporate social responsibility, sustainability, governance, ethics
Divisions: Past > Research Centres > Centre for Social Change Research
Past > QUT Faculties & Divisions > QUT Carseldine - Humanities & Human Services
Department: QUT Carseldine
Institution: Queensland University of Technology
Copyright Owner: Copyright John Daniel Cronin
Deposited On: 03 Dec 2008 03:54
Last Modified: 21 Jun 2017 14:40

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