Download this Paper Open PDF in Browser

Responsible Investment as Market Driver for Sustainable Development

13 Pages Posted: 7 Jun 2017  

Maria Jesús Muñoz-Torres

Jaume I University

Maria Angeles Fernández Izquierdo

Jaume I University

Juana Maria Rivera Lirio

Jaume I University

Idoya Ferrero-Ferrero

Jaume I University

Elena Escrig Olmedo

Jaume I University

Date Written: June 6, 2017

Abstract

Socially responsible investment (SRI) has grown substantially over time. It has emerged as an important financial system driver for corporate sustainability management. The objective of this paper is to analyse the critical issues in relation to corporate sustainability assessment as has been promoted in the financial markets through the assessment structures developed by SRI actors, i.e. indices and rating agencies. The challenge of this paper is to discuss about the different limitations of this SRI metrics, and whether the different indices and rating agencies are consistent with a strong sustainability approach in the way they are measuring the sustainability of a company.

Keywords: corporate sustainability, socially responsible investment (SRI), sustainability indices, sustainable ratings and information provider agencies.

Suggested Citation

Muñoz-Torres, Maria Jesús and Fernández Izquierdo, Maria Angeles and Rivera Lirio, Juana Maria and Ferrero-Ferrero, Idoya and Olmedo, Elena Escrig, Responsible Investment as Market Driver for Sustainable Development (June 6, 2017). University of Oslo Faculty of Law Research Paper No. 2017-24. Available at SSRN: https://ssrn.com/abstract=2981700 or http://dx.doi.org/10.2139/ssrn.2981700

Maria Jesús Muñoz-Torres (Contact Author)

Jaume I University ( email )

Castellon
E-12071 Castello de la Plana
Spain

Maria Angeles Fernández Izquierdo

Jaume I University ( email )

Campus del Riu Sec
Department of Accounting and Finance
E-12071 Castello de la Plana
Spain
+34 964 728560 ? 8568 (Phone)
+34 964 758565 (Fax)

Juana Maria Rivera Lirio

Jaume I University ( email )

Castellon
E-12071 Castello de la Plana
Spain

HOME PAGE: http://www.uji.es/CA/departaments/cofin/estructura/personal/e@/22752?p_per_id=7730

Idoya Ferrero-Ferrero

Jaume I University ( email )

Castellon
E-12071 Castello de la Plana
Spain

Elena Escrig Olmedo

Jaume I University ( email )

Castellon
E-12071 Castello de la Plana
Spain

HOME PAGE: http://www.uji.es/ES/departaments/cofin/estructura/personal/e@/22752?p_per_id=149293

Paper statistics

Downloads
18
Abstract Views
205