Which of the following best describes socially responsible investing? (2024)

Which of the following best describes socially responsible investing?

Socially responsible investing (SRI) refers to the practice of investing in companies that align with the investor's personal values and social responsible commitments.

Which of the following best describes a company's social responsibility?

CSR can help improve society and promote a positive brand image for companies. CSR includes four categories: environmental impacts, ethical responsibility, philanthropic endeavors, and financial responsibilities.

Is socially responsible investing defined as investing only in companies?

socially responsible investing (SRI) is investing only in companies that have met a certain standard of CSR. unethical behavior. defined as behavior that does not conform to a set of approved standards of social or professional behavior.

What is the concept of social responsibility?

Social responsibility is a moral obligation on a company or an individual to take decisions or actions that is in favour and useful to society. Social responsibility in business is commonly known as Corporate Social Responsibility or CSR.

Which of the following best describes a social audit?

A social audit is a formal review of a company's endeavors, procedures, and code of conduct regarding social responsibility and the company's impact on society.

What is social responsibility in business quizlet?

According to Carroll, the social responsibility of business includes the economic, legal, ethical, and philanthropic expectations that society has of organizations at a given point in time.

Which of the following best describes corporate social responsibility quizlet?

Which best describes corporate social responsibility? Corporate social responsibility is an issue if ethics, pursued by corporations that see the health of their business as contingent upon the health of their community.

Which of the following is an example of socially responsible investing?

Common themes for socially responsible investments include avoiding investment in companies that produce or sell addictive substances (like alcohol, gambling and tobacco) and seeking out companies engaged in social justice, environmental sustainability and alternative energy/clean technology efforts.

What is social responsible investing also known as?

Sustainable investing, sometimes known as socially responsible investing (SRI) or impact investing, puts a premium on positive social change by considering both financial returns and moral values in investments decisions.

What is an example of a socially responsible investment?

Who benefits when a company is socially responsible?

Not only does corporate social responsibility encourage a higher caliber of job applicant, but it can also encourage employees to become more engaged and invested in their work. CSR can improve employee retention rates, boost morale, build loyalty and increase motivation.

What are the three elements of social responsibility?

There are three fundamental components of social obligation: market activities, mandated activities, and voluntary activities.

What two benefits are associated with companies effort to increase social responsibility?

What are two characteristics of businesses that practice corporate social responsibility?

The key ways that a company embraces social responsibility include philanthropy, promoting volunteering, ethical labor practices, and environmental changes. For example, companies managing their environmental impact might look to reduce their carbon footprint and limit waste.

Which of the following best describes unethical behavior?

The correct answer is One that does not conform to a set of approved standards of social behavior. ...

Which of the following is a main area of social responsibility?

The four main types of CSR are environmental responsibility, ethical responsibility, philanthropic responsibility and economic responsibility.

What is the primary social responsibility of a business?

(a) Economic responsibility: A business enterprise is basically an economic entity and, therefore, its primary social responsibility is economic i.e., produce goods and services that society wants and sell them at a profit. There is little discretion in performing this responsibility.

What is the only social responsibility of a business?

Friedman's stance was plain: “There is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits.” That view has long influenced management thinking, corporate governance, and strategic moves.

Which of the following is most closely associated with corporate social responsibility?

Answer and Explanation:

The correct answer is C) ethics. Reason: Ethics is a discipline that is almost related to CSR (Corporate Social Responsibility).

What does corporate social responsibility describe an organization?

Corporate social responsibility (CSR) refers to the self-imposed responsibility of companies to society in areas such as the environment, the economy, employee well-being, and competition ethics.

Which of the following is one of the four types of corporate social responsibility?

Types of Corporate Social Responsibility. CSR is traditionally broken into four categories: environmental, philanthropic, ethical, and economic responsibility.

What is the importance of socially responsible investing?

Socially responsible investing, or SRI, is an investing strategy that aims to help foster positive social and environmental outcomes while also generating positive returns.

Is socially responsible investing effective?

Key findings. Many major studies reviewed by RBC GAM found a clear correlation between strong sustainability business practices and company performance. Findings include: Stock price performance often goes hand in hand with strong governance practices, strong environmental performance and high employee satisfaction.

What are the criteria for socially responsible investing?

Socially responsible investing (SRI) is an investment strategy highlighting one facet of ESG. SRI investors seek companies that promote ethical and socially conscious themes including diversity, inclusion, community focus, social justice, corporate ethics, and racial, gender, and sexual discrimination.

What are the 4 types of corporate social responsibility?

CSR is generally categorized in four ways: environmental responsibility, ethical/human rights responsibility, philanthropic responsibility and economic responsibility.