Journal ArticleDOI
Pension beneficiaries’ and fund managers’ perceptions of responsible investment: a focus group study
TLDR
In this paper, the authors explore the views of pension beneficiaries and fund managers regarding greater involvement and investment autonomy and the attitudes toward diverse responsible investment criteria, and explore the perception of proposed pension policies, such as beneficiaries' greater involvement in determining pension investment pol...Abstract:
Purpose – This study aims to explore the views of pension beneficiaries and fund managers regarding greater involvement and investment autonomy and the attitudes toward diverse responsible investment criteria. The conventional form of investing is usually vulnerable to high financial market volatility events and financial crises, and most importantly, it has proven insufficient in addressing important social issues. A newly introduced investment culture known as impact investing strives for social gains in the long term rather than the maximization of financial returns by aiming to tackle social problems. However, some in the field claim that implementing such investment policies compromises the fiduciary responsibility of pension funds’ trustees to manage trust funds in the best interest of beneficiaries. Design/methodology/approach – This study uses qualitative methods to explore the perception of proposed pension policies, such as beneficiaries’ greater involvement in determining pension investment pol...read more
Citations
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Journal ArticleDOI
Corporate social responsibility strategies: Past research and future challenges
Ana Nave,João J. Ferreira +1 more
TL;DR: In this paper, the authors made recourse to the ISI Web of Science database for the search and collected 119 articles spanning a 25-year period to identify and categorize corporate social responsibility (CSR) strategies into four key categories: (a) dimensions, (b) benefits, benefits, value creation and stakeholders, and (c) motivations.
Journal ArticleDOI
The Drivers of Green Investment: A Bibliometric and Systematic Review
TL;DR: In this article, the importance of implementing green investments within organizations and identifying the drivers that influence decisions for the implementation of green investments is examined. But the authors focus on the internal and external drivers over which companies have a higher or lower control in order to involve in green investments.
Journal ArticleDOI
Examining pension beneficiaries’ willingness to pay for a socially responsible and impact investment portfolio: A case study in the Dutch healthcare sector
TL;DR: In this article, the authors examine the relationship between attitudes toward impact and socially responsible investments and willingness to pay for socially responsible choices and examine the influence of involvement on willingness to buy a socially responsible portfolio with impact investment characteristics together with socially responsible investment criteria.
DatasetDOI
Risk-return preferences in the pension domain: Are people able to choose? [dataset]
TL;DR: In this paper, the authors investigated the effect of individual freedom of choice on risk taking in the context of pension arrangements based on a representative survey of about 1000 Dutch citizens, and found that the attitude towards pension schemes and portfolio choices is explained by individual characteristics.
Journal ArticleDOI
Predicting pension beneficiaries’ behaviour when offered a socially responsible and impact investment portfolio
TL;DR: In recent years, financial and demographic conditions, including low interest rates and volatile equity markets, have been testing the endurance of pension systems as mentioned in this paper, and concern about the sustainability of these systems has been expressed.
References
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Journal ArticleDOI
Theory of the firm: Managerial behavior, agency costs and ownership structure
TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.
Journal ArticleDOI
The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications
Thomas Donaldson,Lee E. Preston +1 more
TL;DR: In this article, the authors examine three aspects of the stakeholder theory and critique and integrate important contributions to the literature related to each, concluding that the three aspects are mutually supportive and that the normative base of the theory-which includes the modern theory of property rights-is fundamental.
Book ChapterDOI
The Social Responsibility of Business Is to Increase Its Profits
TL;DR: When I hear businessmen speak eloquently about the social responsibilities of business in a free-enterprise system, I am reminded of the wonderful line about the Frenchman who discovered at the age of 70 that he had been speaking prose all his life as mentioned in this paper.
Book
Qualitative Research Practice: A Guide for Social Science Students and Researchers
TL;DR: The Foundations of Qualitative Research as mentioned in this paper The applications of qualitative methods to social research are discussed in detail in the context of qualitative research in the field of social science research, with a focus on the use of qualitative data.
Book
A Behavioral Theory of the Firm
Richard M. Cyert,James G. March +1 more
TL;DR: In this paper, the authors present an overview of basic concepts in the Behavioral Theory of the Firm, and present a specific price and output model for a specific type of products. But they do not discuss the relationship between the two concepts.