Table of Contents
Acknowledgments ix
1 Socially Responsible Finance and Investing: An Overview 1
H. Kent Baker and John R. Nofsinger
Part I Foundations and Key Concepts 15
2 Stakeholder Analysis 17
Lloyd S. Kurtz
3 Corporate Social Responsibility 39
Heather Elms and Michelle Westermann-Behaylo
4 Business Models and Social Entrepreneurship 55
Michael A. Pirson
5 Fiduciary and Other Legal Duties 69
Benjamin J. Richardson
6 International and Cultural Views 87
Astrid Juliane Salzmann
Part II Finance and Society 109
7 Social, Environmental, and Trust Issues in Business and Finance 111
Christoph F. Biehl, Andreas G. F. Hoepner, and Jianghong Liu
8 Religion and Finance 143
Luc Renneboog and Christophe Spaenjers
9 Social Finance and Banking 161
Olaf Weber and Yayun Duan
10 Managerial Compensation 181
Kose John and Samir Saadi
11 Externalities in Financial Decision Making 197
Janis Sarra
12 Real Estate and Society 213
Piet Eichholtz and Nils Kok
13 Federal Housing Policies and the Recent Financial Crisis 239
Ronnie J. Phillips and Kenneth Spong
14 Predatory Lending and Socially Responsible Investors 257
Christopher L. Peterson
15 Use and Misuse of Financial Secrecy in Global Banking 275
Ingo Walter
Part III Corporate Engagement 297
16 Corporate Social Responsibility and Corporate Governance 299
Lorenzo Sacconi
17 Measuring Responsibility to the Different Stakeholders 323
Amir Rubin and Eran Rubin
18 Corporate Philanthropy 341
Janet Kiholm Smith
19 Institutional Investor Activism 359
Diane Del Guercio and Hai Tran
20 Social Activism and Nongovernmental Organizations 381
Jonathan P. Doh and Deborah Zachar
Part IV Socially Responsible Investing 403
21 Corporate Socially Responsible Investments 405
John R. Becker-Blease
22 SRI Mutual Fund and Index Performance 425
Halil Kiymaz
23 Performance Implications of SR Investing: Past versus Future 443
Nadja Guenster
24 Money-Flows of Socially Responsible Investment Funds around the World 455
Luc Renneboog, Jenke Ter Horst, and Chendi Zhang
Answers to Chapter Discussion Questions 479
Index 503