Socially responsible investment in Japanese pensions
By: Henry Hongbo Jin, Olivia S. Mitchell, John Piggott.
Contributors: Mitchell, Olivia S.; Piggott, John; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11747; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11747.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Pension trusts -- Japan.; Social responsibility of business -- Japan.; Investments -- Moral and ethical aspects -- Japan.
Description: "As the level of retirement-related assets has grown, so too has public and private interest in so-called "Socially Responsible Investment" (SRI), an investment strategy that employs criteria other than the usual financial risk and return factors when selecting firms in which to invest.  This study evaluates whether SRI indexes would alter portfolio risk and return patterns for the new defined contribution pension plans currently on offer in Japan.  We conclude that SRI funds can be included as an option, albeit with some cost; consequently, mandatory investment in SRI portfolios cannot reasonably be justified"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 11/29/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.