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Proceedings of the International Association for Business and Society

Volume 10, 1999

Proceedings of the Tenth Annual Meeting

William P. Smith
Pages 419-427

Understanding Social Investing
Applying the Lessons from the Corporate Social Performance/Financial Performance Literature

The considerable work in corporate social performance has borrowed and lent ideas from the long-standing practice of social investing. A sample of notable theoretical and empirical work from the CSP literature is reviewed and the interplay with social investing concepts is reviewed. Among the proposals; it may be time for social ratings to follow the more integrated systems suggested in the many theories, and the potential value of including "advocacy" forms of investing in CSP assessments.

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