1999/01/01 by Christopher J. Cowton · 1 voice
Business, Management and Accounting · Economics, Econometrics and Finance · #Community Development and Social Impact #State Capitalism and Financial Governance
paper · doi:10.1111/1467-8608.00126
openalex publication_date 1999/01/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/23
Although ethical investment is a growing phenonenon which attracts a signficant amount of media interest, relatively little has been written about the internal operations of ethical investment funds. Using a variety of sources, including interviews with a fund manager and participant observation at meetings of the fund’s ethical advisory committee, this paper examines the decision making of one ethical unit trust operating in the United Kingdom. In particular, it describes the development of the ethical criteria and the ways in which their implementation was monitored. Several significant parallels between publicly stated ethical investment criteria and corporate codes of ethics are then discusssed.