Religious institutions can influence corporate behaviour by being active in the ownership of their shares. Despite the fact that many faith institutions feel they are too small to actually change a company's social and environmental practices, examples of religious shareholder engagement practices do show successes. Religious institutions are widely considered to be the pioneers of responsible investment, and make up the third largest demographic of investors globally. Besides investment portfolio decision-making, based on negative and positive screening of companies, faith traditions seem to inspire believers to actively own their shares and confront the management of the companies which they invest in, forcing them to acknowledge their responsibilities towards society.

ESADE

Back to home

van Cranenburgh, Katinka; Goodman, Jennifer; Arenas Vives, Daniel

Believers in the boardroom: Religious organizations and their shareholder engagement practices

05/2012
itemDefault Religious institutions can influence corporate behaviour by being active in the ownership of their shares. Despite the fact that many faith institutions feel they are too small to actually change a company's social and environmental practices, examples of religious shareholder engagement practices do show successes. Religious institutions are widely considered to be the pioneers of responsible investment, and make up the third largest demographic of investors globally. Besides investment portfolio decision-making, based on negative and positive screening of companies, faith traditions seem to inspire believers to actively own their shares and confront the management of the companies which they invest in, forcing them to acknowledge their responsibilities towards society.
More Knowledge
Believers in the boardroom: Religious organizations and their shareholder engagement practices
van Cranenburgh, Katinka; Goodman, Jennifer; Arenas Vives, Daniel
International Interfaith Investment Group; ESADE. Instituto de Innovación Social; Merick Leuven Gent Management School, 05/2012
41 p.

Download full text (There might be some restrictions due to copyright or licenses)

  • fullText

Related publications

Back to home