ABOUT

sristudies.org is a resource for academic researchers, investment professionals, and other people interested in the quantitative aspects of responsible investment.  This site includes notes and citations on research papers in the related fields of corporate social responsibility and responsible investment from the 1970s to the present. 

This originated as a personal project in the late 1990s. The idea was to have an online notebook of substantive material related to responsible investment for my own use and for the benefit of the (few) researchers who had an interest in the field.  As academic interest in responsible investment surged over the past decade, the scope of the project outran my ability to sustain it, and sristudies.org went on hiatus.  I continued to collect citations and make occasional notes, however, so in 2018 I am updating the content and re-establishing the site on a new platform.  

The core material is an unevenly annotated bibliography of a few hundred academic studies I've thought relevant to the practice of responsible investment.  A citation is provided for each one, and where possible a link as well so users can find the relevant working paper or article online.   I generally don't include full authors' abstracts here, but usually provide an excerpt or my own summary.

There is also some commentary, including a list of studies I believe merit your closest attention (grouped by topic), and a page on various theoretical works that might be of interest.

Three caveats:

  1. sristudies.org is updated occasionally

  2. The notes on the papers are often done in haste.  If I see a working paper and take notes on it, I may or may not see the final version, and may or may not (usually not) update the citation here.

  3. This list of papers is by no means exhaustive.  The most complete database I know of is the CalPERS Sustainable Investment Research Initiative Library (link), but at last check (summer 2018) it appears to only have studies dated 2016 or earlier.  For a more complete picture of the literature and how it has evolved I suggest that you also look at these review papers:
  • Orlitzky, Schmidt, and Rynes' 2003 meta-analysis of the literature of corporate social responsibility - link
  • Margolis, Elfenbein, and Walsh's 2009 meta-analysis of corporate social responsibility studies - link
  • My book, Looking Forward, Looking Back, which discussed the literature up until the financial crisis - link
  • Revelli and Viviani's 2015 meta-analysis - link
  • Clark, Feiner, and Viehs' 2015 meta-analysis - link
  • Friede, Busch, and Bassen's 2015 meta-analysis - link

Thank you for visiting!

- Lloyd Kurtz