Foreign experience of socially responsible investing: trends, problems and prospects
The modern stock market is a constantly changing system that quickly reacts to changes in the environment. The recent events have sharply increased the degree of unpredictability and volatility of global development processes, which has significantly influenced the formation activity of such a segme...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2024-06-01
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| Series: | Вестник университета |
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| Online Access: | https://vestnik.guu.ru/jour/article/view/5276 |
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| author | M. N. Korablin |
| author_facet | M. N. Korablin |
| author_sort | M. N. Korablin |
| collection | DOAJ |
| description | The modern stock market is a constantly changing system that quickly reacts to changes in the environment. The recent events have sharply increased the degree of unpredictability and volatility of global development processes, which has significantly influenced the formation activity of such a segment of this market as socially responsible investing (hereinafter referred to as SRI). The article considers the dynamics of the foreign SRI market, analyses the main forms of state support for SDI in foreign countries as the most significant components for the effective functioning of the SRI ecosystem, highlights the major problems of the SRI market at the current stage. It is shown that at present one of the key challenges in the development of the SRI market is lack of a generally accepted integrated methodology, standards and methods for valuation and accounting of the allocation of securities and use of income from them precisely in connection with the ESG (еnvironmental, social, and governance) agenda. It leads to difficulties in assessing the SRI effectiveness, misuse of investments (greenwashing), to decreased trust in the instruments of the SRI market. The development of a unified approach to the system of assessing the effectiveness of SRI, the formation of common criteria and principles of work in the field of responsible investment will contribute to improving the social life of society, solving environmental problems, and more productive economic development of countries. |
| format | Article |
| id | doaj-art-40fbbad635ac459c9db70fb8881c36b0 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2024-06-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-40fbbad635ac459c9db70fb8881c36b02025-02-04T08:28:21ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152024-06-010514915710.26425/1816-4277-2024-5-149-1573109Foreign experience of socially responsible investing: trends, problems and prospectsM. N. Korablin0Saint Petersburg State University of EconomicsThe modern stock market is a constantly changing system that quickly reacts to changes in the environment. The recent events have sharply increased the degree of unpredictability and volatility of global development processes, which has significantly influenced the formation activity of such a segment of this market as socially responsible investing (hereinafter referred to as SRI). The article considers the dynamics of the foreign SRI market, analyses the main forms of state support for SDI in foreign countries as the most significant components for the effective functioning of the SRI ecosystem, highlights the major problems of the SRI market at the current stage. It is shown that at present one of the key challenges in the development of the SRI market is lack of a generally accepted integrated methodology, standards and methods for valuation and accounting of the allocation of securities and use of income from them precisely in connection with the ESG (еnvironmental, social, and governance) agenda. It leads to difficulties in assessing the SRI effectiveness, misuse of investments (greenwashing), to decreased trust in the instruments of the SRI market. The development of a unified approach to the system of assessing the effectiveness of SRI, the formation of common criteria and principles of work in the field of responsible investment will contribute to improving the social life of society, solving environmental problems, and more productive economic development of countries.https://vestnik.guu.ru/jour/article/view/5276socially responsible investmentsrisri marketperformance evaluation of sriesg standardsstartupventure investment |
| spellingShingle | M. N. Korablin Foreign experience of socially responsible investing: trends, problems and prospects Вестник университета socially responsible investment sri sri market performance evaluation of sri esg standards startup venture investment |
| title | Foreign experience of socially responsible investing: trends, problems and prospects |
| title_full | Foreign experience of socially responsible investing: trends, problems and prospects |
| title_fullStr | Foreign experience of socially responsible investing: trends, problems and prospects |
| title_full_unstemmed | Foreign experience of socially responsible investing: trends, problems and prospects |
| title_short | Foreign experience of socially responsible investing: trends, problems and prospects |
| title_sort | foreign experience of socially responsible investing trends problems and prospects |
| topic | socially responsible investment sri sri market performance evaluation of sri esg standards startup venture investment |
| url | https://vestnik.guu.ru/jour/article/view/5276 |
| work_keys_str_mv | AT mnkorablin foreignexperienceofsociallyresponsibleinvestingtrendsproblemsandprospects |