Can Strategic Investing Transform the Corporation
Bibliographic Data
| ID | 2369749 |
|---|---|
| Authors | Linda Markowitz (0000-0002-5222-9259, Southern Illinois University Edwardsville, corresponding author) |
| Year | 2008 |
| Volume | 34 |
| Issue | 5 |
| Pages | 681-707 |
| Publication date | 2008-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Critical Sociology (JOURNAL) |
| Journal identifiers | ISSN: 0896-9205 • E-ISSN: 1569-1632 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0896920508093363 |
| OpenAlex | W1986252779 |
| Language | EN |
| Citations received | 3 |
| References cited | 13 |
The purpose of this article is to critique the main claim of the socially responsible (SR) investment industry: that through strategic investing investors can transform corporate power. I argue that businesses often respond to the demand by investors for short-term economic growth by making choices that run counter to the interests of corporate social responsibility; they reduce labor and material costs in ways that disrupt workers, communities and the environment. I demonstrate my theoretical claims using data from the 10 most common stocks selected by SR mutual funds. I call these stocks the SR Big Ten. A simple roll call of the SR Big Ten, as well as a thorough examination of each stock within it, reveals how problematic it is for individuals to rely on investments to transform the corporate world
Business · Corporate social responsibility · Corporation · Economics · Financial economics · Market economy · Politics · Public relations · Community Development and Social Impact · Corporate Social Responsibility Reporting · Law · Private Equity and Venture Capital · Finance
Well-Being in America
The Social Responsibility of Business Is to Increase Its Profits
Securing Prosperity
Lobbying the Corporation
Labor's Capital
The false developmental promise of Corporate Social Responsibility
Globalization, Corporate Social Responsibility and poverty
Corporate governance, property and democracy
Shareholder value and corporate governance
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,2 |
| Citation span | 2011 - 2014 (4) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |