Social Responsible Investing — Should Beneficiaries Suffer for “the Greater Good”?

Joel Dobris (Professor of Law, UC Davis School of Law) has recently published his article entitled SRI–Shibboleth or Canard (Socially Responsible Investing, That Is), Real Prop., Prob. & Tr. J. 755 (2008).  [Note:  ABA membership needed to access article via the link.]

Here is the editors’ synopsis of his article:

This Article takes a look at the new and increasingly popular phenomenon of socially responsible investing. A topic that has garnered a lot of attention recently, the Article focuses on the intersection of socially responsible investing and trust law. The author’s research includes an eclectic array of interesting and socially relevant sources that culminates in a stimulating analysis of how this new philosophy of investing is likely to affect traditional notions of fiduciary duties in trust investing.