Embedding Ethics in Teaching Investment Management: Understanding Socially Responsible Investing

Jenny Gu, Lynn Kendall, Shawn Groves, and Fernando Arellano

University of Dallas


Ethics has increasingly become an important arena of research and teaching in finance. In their 2004 report, the Ethics Education Task Force to the Association to Advance Collegiate Schools of Business (AACSB) International emphasizes the importance of ethics education, stating “At issue is no less than the future of the free market system, which depends on honest and open enterprise to survive and flourish.”

A prevailing theme that encompasses ethics as it relates to investments is what is referred to as socially responsible investing (SRI), an ...

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