Socially responsible investment in Japanese pensions

Pacific Basin Finance Journal

Volumn 14, Issue 5, 2006, Pages 427-438

  Jin, Henry Hongbo ^a   Mitchell, Olivia S ^b   Piggott, John ^a  

^a UNIVERSITY OF NEW SOUTH WALES   (Australia)

^b UNIVERSITY OF PENNSYLVANIA   (United States)

Author keywords

Ethical investments; Pension funds; Performance evaluation; SRI

Indexed keywords

EID: 33749676996     PISSN: 0927538X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.pacfin.2006.03.002     Document Type: Article

References (19)

1. ASRIA, 2002. SRI and pensions in Asia. ASRIA Monograph, October.
2. ASRIA, 2003. Foreign versus local: the debate about SRI priorities in Japan. ASRIA Monograph. October. www.asria.org/publications/lib/japan/japan_perspective_colour.pdf.
3. Bank of Japan, 2005. Flow of funds (1st quarter of 2005): Japan and US Overview. http://www.boj.or.jp/en/type/stat/boj_stat/sj/sjhi051q.pdf.
4. Bauer R., Koedijk K., and Otten R. International evidence on ethical mutual fund performance and investment style. Journal of Banking and Finance 29 (2005) 1751-1767
5. Bauer R., Otten R., and Rad A.T. Ethical investment in Australia: is there a financial penalty?. Pacific Basin Finance Journal 14 (2006) 33-48
6. Chami R., Cosimano T.F., and Fullenkamp C. Managing ethical risk: how investing in ethics adds value. Journal of Banking Finance 26 (2002) 1697-1718
7. Douglass J., Wu O., and Ziembra W. Stock ownership decisions in defined contribution pension plans. Journal of Portfolio Management 30 (2004) 92-100 (Summer)
8. Evans J., Guido R., and Guo M. Analysing sustainable securities. Journal of Australian Society of Security Analysts 1 (2006) 27-30 (Autumn)
9. Gregory A., Matatko J., and Luther R. Ethical unit trust financial performance: small company effects and fund size effects. Journal of Business Finance and Accounting 24 5 (1997) 705-725
10. Hiraki T., Inoue H., Ito A., Kuroki F., and Masuda H. Corporate governance and firm value in Japan: evidence from 1985 to 1998. Pacific-Basin Finance Journal 11 (2003) 239-265
11. Kato H.K., Loewenstein U., and Tsay W. Dividend policy, cash flow, and investment in Japan. Pacific-Basin Finance Journal 10 (2002) 443-473
12. Kawamura M. How socially responsible investment could redefine corporate excellence in the 21st century. NLI Research Institute vol. 160 (2002), Tokyo, Japan
13. Kawamura M. The evolution of corporate social responsibility in Japan (part 1)-parallels with the history of corporate reform (2004), NLI Research Institute, Tokyo, Japan
14. Lincoln, E.J., 2001. Time to end postal savings. Sentaku, June 2. http://www.brookings.edu/views/articles/lincoln/20010602.htm.
15. Luck C., and Pilotte N. Domini Social Index Performance. BARRA Newsletter, Nov/Dec (1992)
16. Nishimura K., and Saiko M. On alternatives to aggressive demand policies to revitalize the Japanese economy. Asian Economic Papers 2 3 (2003) 87-126
17. Rudd A. Social responsibility and portfolio performance. California Management Review 23 4 (1981) 55-61
18. Solomon A., Solomon J., and Suto M. Can the UK experience provide lessons for the evolution of SRI in Japan?. Corporate Governance 12 4 (2004) 552-566
19. Wood K. Ethical investment in the UK: the Barra/ ERIS study. BARRA Newsletter, March/April (1992)