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  1. From Preaching to Investing: Attitudes of Religious Organisations Towards Responsible Investment. [REVIEW]Céline Louche, Daniel Arenas & Katinka C. Cranenburgh - 2012 - Journal of Business Ethics 110 (3):301-320.
    Religious organisations are major investors with sometimes substantial investment volumes. An important question for them is how to make investments in, and to earn returns from, companies and activities that are consistent with their religious beliefs or that even support these beliefs. Religious organisations have pioneered responsible investment. Yet little is known about their investment attitudes. This article addresses this gap by studying faith consistent investing. Based on a survey complemented by interviews, we investigate religious organisations’ attitudes towards responsible investment (...)
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  • From Preaching to Investing: Attitudes of Religious Organisations Towards Responsible Investment.Céline Louche, Daniel Arenas & Katinka C. van Cranenburgh - 2012 - Journal of Business Ethics 110 (3):301-320.
    Religious organisations are major investors with sometimes substantial investment volumes. An important question for them is how to make investments in, and to earn returns from, companies and activities that are consistent with their religious beliefs or that even support these beliefs. Religious organisations have pioneered responsible investment. Yet little is known about their investment attitudes. This article addresses this gap by studying faith consistent investing. Based on a survey complemented by interviews, we investigate religious organisations’ attitudes towards responsible investment (...)
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  • Western Financial Agents and Islamic Ethics.Eddy S. Fang & Renaud Foucart - 2014 - Journal of Business Ethics 123 (3):475-491.
    This paper investigates Western professional bankers’ perceptions of Islamic finance. Exploiting data from an original survey, we carry out a principal component analysis to characterize the main dimensions on which financial agents diverge. The PCA extracts five dimensions—accounting for 61 % of the variance in the agents’ answers—that we interpret with the help of a pilot field survey. In addition to confirm the increased association of Islamic financial values with ethical practices in the West, our results allow us to understand (...)
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  • Religiosity and the Volatility of Stock Prices: A Cross-Country Analysis.Benjamin M. Blau - 2017 - Journal of Business Ethics 144 (3):609-621.
    Prior research argues that religiosity increases the ethical behavior and levels of risk aversion of firm managers. To the extent that this is true, more religious countries might exhibit more stability in stock prices. This study tests this assertion by determining whether religiosity in countries is negatively associated with volatility in financial markets. Using a unique empirical design, we account for the possibility that the structure of financial markets is endogenously related to a country’s religiosity by examining the volatility of (...)
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  • The Business Ethics of Short Selling and Naked Short Selling.James J. Angel & Douglas M. McCabe - 2009 - Journal of Business Ethics 85 (1):239 - 249.
    The controversy over short selling has continued unabated from the introduction of modern equity trading in Amsterdam in 1610 to the present day. Nevertheless, the business ethics literature has not really addressed short selling. Short sellers not only profit from the misery of others, they also create it through their selling activities. However, they also provide a socially useful service by making prices better reflect true values, protecting other investors from purchasing overpriced securities. Short sellers can also help to provide (...)
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