Mohr, and Webb 45)
The change includes increased consumer awareness of the corporate social responsibility (CSR) of a company to companies seeking to make such commitments to CSR marketable to the public. Companies are taking note that their CSR behaviors are important to investors in both mutual and individual investment funds, not to mention direct sales of products manufactured by the company.
This change is a significant one, and is growing in popularity, expanding to include the development of brokers an firms who specialize in different types of socially responsible business investment. Those who have a particular interest in social issues, such as fair employment or local manufacturing and employment can seek out such a broker. While those who are more about environmental issues can seek out a broker who specializes in finding companies that work within the goals of developing sustainable environmental business practices, energy efficiency, the use of alternative energy sources, green logistics or even those who seek zero waste plants and productivity. In addition to firms and/or brokers specializing in such involvements there is also a growing development of investment funds that seek social responsible status by varied terms.
Some SRI funds try to avoid corporate polluters, among other environmental offenders, while some seek companies that practice diversity. Religious funds might include some of the above-mentioned screens in addition...
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now