Socially responsible investing

consumers who are willing to use new products and techniques. Enterprising and discriminating managers, willing to take risks by buying new products or investing in new productive technologies, are important drivers of the demand for innovation. Enterprising and discriminating managers, willing to take risks by buying new products or investing in new productive technologies, are important drivers of the demand for innovation. Model 3: Managers as Organizational Architects Managers build and

also sell their goods directly to consumers or through shops in local markets, and sometimes to foreign buyers either directly or through buying agents. A buying agent is an individual or company, usually based in the producing country or region, responsible for all interaction with the producers on behalf of an importer: communication, samples and ordering, production oversight, quality control, labeling, packing, inland freight, payments, and so on. An agent typically works for a commission paid by

necessary to prepare positions in the EU Education Council. In the French-speaking community, the Departement de l’Enseignement supérieur, de l’Enseignement de Promotion sociale et de la Recherche scientifique (within the Administration générale) is responsible for implementing policies decided upon by the Community Council. Federalization led to new decrees for the universities (1994) and the hautes écoles (1995). For the latter sector, the new legislation also implied a reorganisation of the existing

results in an economic crisis, tourism is seen by the city as a way to diversify the economy. Because the city is not yet in decline, it still has the ability to attract the funds necessary to improve the city’s infrastructure. Citizens will support investing in infrastructure improvements because they understand that, besides attracting visitors, the strategy will retain and attract new businesses and residents. A city in economic transition is able to develop as a tourist destination because it still

titre de la responsabilité sociale des entreprises, la Déclaration sur les EMN, les Principes directeurs de l’OCDE et le Pacte mondial de l’ONU ont un point en commun: leurs dispositions relati- 184 Social Investment Forum: 2005 Report on socially responsible investing trends in the United States (Washington, DC, 2006) http://www.socialinvest.org/areas/research/trends/sri_trends_ report_2005.pdf. 185 SFI: IFC reviews environmental and social standards, http://www.ifc.org. 68 CHANGEMENTS DANS LE MONDE

com, the news aggregation service that was recently sold to Verisign for $30 million (‘thirty million and change’, the tall American standing behind me stage-whispers to no one in particular). Angus would also – in less than a year – be hugely responsible for my future. But I didn’t know that at the time. These guys are huge players, business celebrities almost. Benchmark were the investors behind eBay; and Bankes, as well as cofounding Moreover, is the former business partner of Nick Denton, founder

pratique. Selon le principe de la « triple approche » : prendre en charge les questions environnementales et sociales, en les combinant avec leurs préoccupations économiques. Le secteur chimique mondial a mis en place, depuis Bhopal, le programme Responsible Care pour diminuer ses impacts environnementaux et ses risques industriels et produits. Les compagnies pétrolières (Shell, BP, TotalFinaElf) et les producteurs d’énergie (EDF, GDF) investissent dans les énergies renouvelables, dans des modes de

what was happening even though we were too young to understand its full significance and all the ways in which we were affected. What happened led us to expect that prosperity can suddenly give way to widespread poverty, making us forever wary about investing in the stock market (which to this day still seems to us like gambling). The experience now urges us to protect our children from similar economic disasters if we can. Our children, who grew up in the 1960s, show few of these concerns, having matured

activist c) a criticism of soldiers: “and without him all this killing can’t go on” (l. 27) 11 He is responsible: “his orders come from far away no more” (l. 29) 12 a) It refers to a higher authority far from the battlefield. b) The soldier cannot say he has been ordered to fight, he is accountable for his actions. 13 a) “They” refers to “his orders”. b) The soldiers who accept to fight are responsible for the war, the war will never end as long as there are soldiers to fight. ACTION! Objectif j

Microfinance, Journal of Economic Behavior and Organization, In press. Avaiable at: www.elsevier.com/locata/jebo Ghoul W. et P. Karam (2007) MRI and SRI Mutual Funds: A Comparison of Christian, Islamic (Morally Responsible Investing), and Socially Responsible Investing (SRI) Mutual Funds. Journal of Investing, 16(2): 96-102. Guéranger 2009, Finance islamique : une illustration de la finance éthique, Dunod, Paris Hassoune A. (2008), La finance islamique connait une croissance vertigineuse mais fragmentée. In