Fiduciary Duty and Socially Responsible Investing.

Autor: Klaassen, Johann A., Gay, George R.
Předmět:
Zdroj: Philosophy in the Contemporary World; Spring/Summer2003, Vol. 10 Issue 1, p49-54, 6p
Abstrakt: Most discussions of fiduciary duty focus on medical decision-making, but that is not the only context in which the concept is important. Investment advisers have fiduciary duties to their clients: in this essay, we address those duties. Many advisers refuse to help their clients with ‘socially responsible’ investment plans, for a variety of reasons, among which are fiduciary concerns. We argue that the reasons generally given not to pursue a religious, environmental, or social investment strategy are mistaken, and, most importantly, that an investment adviser's fiduciary duties may be met while providing such alternatives to clients. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index