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The development of SRI in China

Institutional Investors’ Power to Change Corporate Behavior: International Perspectives

ISBN: 978-1-78190-770-2, eISBN: 978-1-78190-771-9

Publication date: 31 December 2013

Abstract

Purpose – To discover how SRI develops in the Asian context.

Methodology/approach – Extended search of SRI initiatives analyzed with Scandinavian neo-institutional approach on how ideas travel and Buddhist Economy.

Findings – Chinese SRI-initiatives imitate western peers, but the imitation results in partial isomorphism that will probably have a weak influence on Chinese companies in ESG.

Research limitations/implications – A limitation of the study is a lack of information and transparency on Chinese homepages.

Practical implications – Chinese SRI is in an early state, and will need back-up and push to become active if it will be able to influence Chinese companies.

Social implications – It is important to have a critical stance, and not trusting optimistic statements about SRI in China as a mean to integrate ESG activities in Chinese companies.

Originality/value of chapter – One of the first overviews and critical analysis of SRI in China.

Keywords

Citation

Macquet, M. and Sjöström, E. (2013), "The development of SRI in China", Institutional Investors’ Power to Change Corporate Behavior: International Perspectives (Critical Studies on Corporate Responsibility, Governance and Sustainability, Vol. 5), Emerald Group Publishing Limited, Leeds, pp. 253-275. https://doi.org/10.1108/S2043-9059(2013)0000005019

Publisher

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Emerald Group Publishing Limited

Copyright © 2013 Emerald Group Publishing Limited