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Investing in socially responsible companies

โœ Scribed by Jennifer Goldberg; Stephen R. Goldberg; Paulette Ratliff-Miller

Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
72 KB
Volume
20
Category
Article
ISSN
1044-8136

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โœฆ Synopsis

Abstract

President Franklin D. Roosevelt conveyed an important lesson when he said, โ€œWe have always known that heedless selfโ€interest was bad morals; we know now that it is [also] bad economics.โ€ But Roosevelt's wisdom has been forgotten, and later generations instead followed the lead of the movie Wall Street, which had its own famous quote: โ€œGreed is good!โ€

Today stockholders embrace corporate social responsibilityโ€”but they still want good returns on their investments. How can today's treasurer and others balance these conflicting goals? ยฉ 2008 Wiley Periodicals, Inc.

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