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| Author: | Waring, P. Edwards, T. |
| Title: | Socially responsible investment: explaining its uneven development and human resource management consequences |
| Journal: | Corporate governance
2008 : MAY, VOL. 16:3, p. 135-145 |
| Index terms: | corporate responsibility social responsibility investments human resource management corporate governance international |
| Freeterms: | CSR |
| Language: | eng |
| Abstract: | This paper deals with two research questions: 1. To what extent has Socially Responsible Investment (SRI) developed unevenly across countries with different corporate governance systems and how might we explain this? and 2. What consequences does its uneven development have for human resource management (HRM)? The nature and extent of SRI equities is examined across five industrialized countries, that is, Germany, Japan, the U.K., the U.S., and Australia. It is found that differences btw. corporate governance, institutional and cultural characteristics of national business systems explain variations in the size and significance of SRI across countries. Furthermore, it is also found that SRI has an impact on HRM in institutional contexts e.g. where its influence is complemented by strong employee voice institutions. |
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