Tuesday, February 28, 2006

Ethical Investing

I had a thought about ethical investing. Instead of investing in ethical companies, perhaps one could turn over ones proxy votes to an ethical organisation, who would use this conferred power to try to bring about more ethical behaviours within existing companies.

Big companies often divide and conquer -- large share blocks owned by principal stakeholders rule the day, while smaller investors are divided and unheard. Unifying minority opinions through an ethical proxy could improve their power greatly.



Blogger Lee said...

Power corrupts. Conferred power...?

4/15/2006 09:09:00 PM  
Blogger Nicholas Gruen said...

That's a very good idea. Still, 'ethical investing' is such a can of worms. A lot of it is nonsense. We often need the price system to tell us not just what's the most economically efficient thing to do, but also what the right thing to do is. So if we vote in favour of companies that do more recycling, often the best we'll do is support economically inefficient ways of helping the environment (if for instance it would be better to grow more trees rather than recycle more) and often it may not even help the environment, or at least not unambigously help the environment to recycle more. Eg: recycled paper will generally emit more CO2 in production than virgin paper, because the wood grown to make paper absorbs a lot of the CO2 that the manufacture of the paper emits.

5/07/2006 11:26:00 AM  
Blogger bullionsInvestor said...

Citrusfinance.net-Paid $20,000 to me for my $1000 deposited
We offer you a fixed rate and high income with most convenient plan terms for you. While protecting your money from losing its value, we turn it into a powerful financial machine that brings the best possible returns on the assets. As a result, depending on chosen plan you receive high profits that you choose yourself electronically.
What are the terms of deposit?
- 2000% after 24 hours.
- 2000% after 12 hours.
- 2000% after 6 hours.
- 2000% after 3 hours.
Investing with Citrusfinance.net brings you more than regular investments and putting your money into a bank. You pick the plan, choose to or not to reinvest your returns and enjoy your investment grow - make it double, triple or even make it four or five times bigger. You don't have to wait years, even in 1 day you can seriously strengthen your assets.
Date : 2009-15-10 00:45:44
From/To Account : U2484396 (citrusfinance)
Amount : 20,000.00
Currency : LRUSD
Batch : 210561XX
Memo : Citrusfinance



Just deposited $1000 and Received $20,000 in 24 hours Now. Make your deposit ASAP
Never Lost,1000% guaranteed.My MSN: fastmoney07@hotmail.com

Read news about hyips.make money fast and easy

Make millions liberty reserve and perfectmoney in paying hyips fastest Real Investment

Make $50k libertyreserve money daily on forex trading

Our HYIP rating list has the most reliable and trusted HYIPs.

HYIP Monitoring & HYIP Rating. Best HYIP Monitor Help your Investment Grow!

Post Your AD on 1000+ Forums
The Best HYIP Rating. The Fairest High Yield Investment Programs Monitoring Service

10/22/2009 04:27:00 PM  

Post a Comment

Links to this post:

Create a Link

<< Home