Socially Responsible Investing Is Its Own Reward
SRI funds can't shelter investors from corporate fraud.
It was probably inevitable.
In the wake of all the recent accounting scandals and the stock market's general malaise, the financial media has been rife with stories pondering whether socially responsible investing (SRI) might have helped shareholders sidestep landmines such as Enron (ENRNQ), Global Crossing (GBLXQ), and Adelphia Communications (ADELQ).
Shannon Zimmerman does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.