Pension fund politics; the dangers of socially responsible investing

by Ed. by Jon Entine

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Book Description

AEI Press, 2005. Paperback. New Book. Paperback. Entine (Miami U., Ohio) compiles four essays, one his own, on the subject of public pension fund investing and the legal and political implications of socially-responsible investing. The authors argue that social investing of public funds violates fiduciary responsibility; ideological filters do not improve and may hurt stock performance; and that social investing has not brought the social reforms promised by its advocates, and has had unintended social and political consequences. Contributors are scholars of public affairs, political science, law, management sciences, and economics in the US and Europe. (©2007 Book News, Inc., Portland, OR)

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