Fiduciary Law and Responsible Investing In Nature's trust

Taal: Engels
Fiduciary Law and Responsible Investing
  • Engels
  • Paperback
  • 9781138930100
  • Druk: 1
  • juni 2015
  • 340 pagina's
Alle productspecificaties

Samenvatting

This book is about fiduciary law's influence on the financial economy's environmental performance, focusing on how the law affects responsible investing and considering possible legal reforms to shift financial markets closer towards sustainability. Fiduciary law governs how trustees, fund managers or other custodians administer the investment portfolios owned by beneficiaries. Written for a diverse audience, not just legal scholars, the book examines in a multi-jurisdictional context an array of philosophical, institutional and economic issues that have shaped the movement for responsible investing and its legal framework. Fiduciary law has acquired greater influence in the financial economy in tandem with the extraordinary recent growth of institutional funds such as pension plans and insurance company portfolios. While the fiduciary prejudice against responsible investing has somewhat waned in recent years, owing mainly to reinterpretations of fiduciary and trust law, significant barriers remain. This book advances the notion of nature's trust' to metaphorically signal how fiduciary responsibility should accommodate society's dependence on long-term environmental well-being. Financial institutions, managing vast investment portfolios on behalf of millions of beneficiaries, should manage those investments with regard to the broader social interest in sustaining ecological health. Even for their own financial self-interest, investors over the long-term should benefit from maintaining nature's capital. We should expect everyone to act in nature's trust, from individual funds to market regulators. The ancient public trust doctrine could be refashioned for stimulating this change, and sovereign wealth funds should take the lead in pioneering best practices for environmentally responsible investing.

Productspecificaties

Inhoud

Taal
Engels
Bindwijze
Paperback
Druk
1
Verschijningsdatum
2015-05-01
Aantal pagina's
340 pagina's
Illustraties
Nee

Betrokkenen

Auteur
Benjamin J. Richardson Ellen Frankel
Co-auteur
Ellen Frankel
Uitgever
Routledge

EAN

EAN
9781138930100

Overige kenmerken

Extra groot lettertype
Nee
Oorspronkelijke releasedatum
2015-06-09
Subtitel
In Nature's trust

Je vindt dit artikel in

Categorieën
Taal
Engels
Studieboek of algemeen
Algemene boeken
Boek, ebook of luisterboek?
Boek
Nog geen reviews
49 99
2 - 5 weken Tooltip
Verkoop door bol.com
  • Gratis verzending
  • 30 dagen bedenktijd en gratis retourneren
  • Ophalen bij een bol.com afhaalpunt mogelijk
  • Dag en nacht klantenservice