Investment products that deploy ethical values and social considerations in portfolio construction have persisted since the 1980s. Pitting Habermasian discourse ethics against Foucauldian power relations and radical institutionalism, the paper argues that socially directed mutual funds ascribe...

The paper claims theoretical, empirical and normative contributions to the fledgling research on social accountabilities in financial services. Managers of managed (mutual) funds with public social mandates are obligated to pursue clients' economic interests and exercise claimed moral...

Despite speculation from legislators and practitioners, no studies have investigated the reasons for social funds' marginal market penetration. More generally, calls for a greater understanding of investors' motivations, needs and purchasing intentions have not been met. By identifying what...

The paper chronicles two teaching/research projects that sought to incorporate principles of sustainable development into postgraduate accounting education. The design and delivery of the projects were informed by Freirian principles of praxis and critical empowerment. The first author...

Emergent practices of reform-oriented shareholder engagement are characterised as a professional social movement which gains credibility by influencing the institutional networks imbricating investors. The limitations of structuralist and atomistic tendencies in social movement analysis are...

Purpose - Recently enacted Australian law governing financial services requires investment managers to report to what extent social considerations are employed in portfolio construction. Using the principal-agent framework as an interpretive backdrop, the paper aims to analyse institutional...

Objectives of socially responsible investment (SRI) are discussed with reference to the two main mechanisms of the SRI 'movement': shareholder advocacy and managed investments. We argue that in their current forms, both mechanisms lack the power to create significant corporate change....

This article deals with the question of the integration of climate-change concern in the investment industry. The article is motivated by the prevailing institutional approach to understanding organizational governance set out in Tim Cadman (2011) [Evaluating the governance of responsible...