This book is concerned with the theory and practice of social investment as a profession. It offers a conceptual foundation for investment policy and research, and reviews empirical studies supporting new directions in investment policies. It also provides guidelines for trustees, based on the best available knowledge of corporate behaviour, and presents researchers with key hypotheses to follow in gathering data for the evaluation of social investment norms. A unique study, it provides the basis for defining social investment as a field of knowledge.

‘This is a work reflecting much current interest and concern. I’ve read it with real advantage; so, I am sure, will others who are concerned with corporate government and its social effects.’

John Kenneth Galbraith - Harvard University

‘The Field of Social Investment will be another benchmark in socially responsible investing. It is a comprehensive analysis which in its scholarly style approaches the subject from all its facets, yet gives a unified view. I am pleased to recommend it to the academic and corporate worlds, and to those practising socially responsible investing.’

Robert J. Schwartz - Director, Social Investment Forum Shearson/American Express

‘The author does a good job of outlining the detailed indicators that social investors should look at in making investment decisions. Certainly this book is must reading for professionals in the field of social investment and is of great interest to social economists as a good example of applied social economics.’

Source: Review of Social Economy

‘This work represents an important and comprehensive contribution to a controversial area, and it can admirably serve as a point of entry into the issue for either the practicing manager or the college student.’

Source: Choice

‘ … holds something for anyone who wishes to learn more about the burgeoning social investment ‘movement’, as well as for anyone interested in using investments as a weapon of social change, to build and cultivate institutions that reflect human and economic needs.’

Source: Contemporary Sociology

‘ … it is enormously useful in bringing together the various scattered research projects concerned with financial investment.’

Source: Sociology