Better World Investment Guide

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9780132900737: Better World Investment Guide
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"Ethical" investing began about 30 years ago with a mutual fund that excluded drug, liquor, and tobacco companies. Since then, many funds have developed more restrictions on what "ethical" should mean. The authors include the following criteria: environment; South Africa; nuclear power; animal testing; military contracts; charitable contributions; advancement of women/minorities; adoption support; and AIDS. They have chosen 100 U.S. companies, mostly blue chips, to apply these screens to, providing "prospective investors with crucial information necessary in determining where best to put their money." Unfortunately, ideological principles do not constitute sound investment advice. Still, library patrons looking for a book on ethical investing may find this a useful source.
- Alex Wenner, Indiana Univ. Libs., Bloomington
Copyright 1991 Reed Business Information, Inc.

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