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Do the Fiduciary Duties of Pension Funds Hinder Socially Responsible Investment?
Social Science Research Network [SSRN] 
June 25, 2007
Excerpt: With reference to the main common law jurisdictions, this article critically examines whether the fiduciary duties of pension fund investors hinder SRI. Contrary to some commonly held beliefs, SRI can often sit comfortably with fiduciary duties to invest prudently. However, legal reforms to improve the climate for SRI would help, as evident by some recent initiatives in several jurisdictions.
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