ABSTRACT
This conclusion presents some closing thoughts on concepts discussed in the preceding chapters of this book. The book suggests that harmful corporate impacts on society and the environment have three broad sources: market failure, agency problems and bounded rationality. It identifies main strategies used by large institutional investors as: the use of voting and other formal shareholder rights; engagement; collaboration; public benchmarking; media communications; and influencing the share price. The book also suggests that enhanced analysis might be effective at encouraging improved corporate performance by improving the ability of the capital markets to give due weight to see risks in the pricing of shares. It reveals that the corporate responsibility performance of companies is recognised as an important issue that many different parties to the investment process.
