bgscience@idbg.ru
+7 495 648 62 41 Russia, 127015, Moscow, Novodmitrovskaya st. 5A (b. 7)
Menu

Switch to Russian:to Russian

Formation of Ethical Economy: Theory and Practice


Marina Milevskaya
(about the author)

Milevskaya Marina Aleksandrovna – Ph.D. Student of Academic Department «Stock and Investments Market» National Research University «Higher School of Economics», Moscow

Published in:
Russian Journal of Entrepreneurship
– № 20 / October, 2012



Keywords: ecological responsibility, financial markets, green investors, socially responsible investments


Citation:
Marina Milevskaya (2012). Formation of Ethical Economy: Theory and Practice. Russian Journal of Entrepreneurship, 13(20), 56-60. — url: http://bgscience.ru/com/lib/3846


Share:

Abstract:

The article examines the role of the "green" shareholders in the formation of the company's responsible corporate policy. The article defines the main effects of the activities of the "green" investors, highlights their non-financial gains. Based on the analysis of French "green" investment funds and the "green" investors activities, the development of ethical economy in Russia is forecasted, where the role of a catalyst is to be taken over by the state, as it has been done in France.







References:
1. Statman, M. Socially responsible mutual funds. Financial Analysts Journal. 2000. 56. 30–39.
2. Beal, D.J., Goyen, M. and Phillips, P. Why do we invest ethically? Journal of Investing. 2005. Vol. 14 No. 3. pp. 66−77.
3. Brekke, K.A., Nyborg K. Attracting responsible employees: Green production as labor market screening. Resource and Energy Economics. 2008. 30 (4). 509−526.
4. Helm, S., The role of Corporate Reputation in Determining Investor Satisfaction and Loyalty. Corporate Reputation Review. 2007. Vol.10. No.1. pp. 22−37.