ABSTRACT
This conclusion presents some closing thoughts on concepts discussed in the preceding chapters of this book. The book seeks to explore, through analysis and case studies, the extent to which investors can play a role in addressing the imperfections. It identifies three important causes of harmful corporate social and environmental impacts—market failure, agency problems and bounded rationality—and describes two strategies by which investors may be able to address these problems: shareholder activism and enhanced analysis. While investors have demonstrated that responsible investment can make a useful contribution to reducing harmful corporate impacts on society and the environment. The book describes the activism and enhanced analysis approaches developed by providing vital commercial support for a small group of innovative asset management houses and research agencies.
