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Socially Responsible Investing
Publication Date: May 2009
Publisher(s): National Center for Policy Analysis (U.S.)
Author(s): Allison Hughey; Pamela Villarreal
Funder(s): National Center for Policy Analysis (U.S.)
Funder(s): National Center for Policy Analysis (U.S.)
Topic: Banking and finance (Investments and securities)
Banking and finance (Financial instruments)
Keywords: funds; S&P 500; investing; pension funds
Type: Brief
Coverage: United States
Abstract:
Socially responsible investing (SRI) is the practice of
choosing stocks, bonds or mutual funds based on political, religious or social values. This investment strategy can be hazardous to an individual's portfolio, and if followed by state and local employee pension funds can adversely affect thousands of people's retirement incomes.