Investor responsibility and Norway’s Government Pension Fund – Global

Författare

  • Hilde W. Nagell The Ethics Programme, University of Oslo

DOI:

https://doi.org/10.5324/eip.v5i1.1734

Nyckelord:

investor responsibility, fiduciary duties, complicity, signalling effects, Norway’s Government PensionFund Global

Abstract

This article identifies and critically examines three differentaspects of investor responsibility. First, investors haveresponsibilities toward their clients (the so-called fiduciaryduties). Second, investors are responsible for taking steps toreduce the risk that an investment directly or indirectlycontributes to harm (avoid complicity). Finally, investorsshould take into consideration the symbolic and signallingeffects of an investment decision. This article discusses howthese responsibilities should be interpreted and also howthey play out in practice. Norway’s Government PensionFund is used as a case in point.

Nedladdningar

Nedladdningsdata är inte tillgängliga än.
EiP 1/2011

##submission.downloads##

Publicerad

2011-05-01

Referera så här

Nagell, H. W. (2011). Investor responsibility and Norway’s Government Pension Fund – Global. Etikk I Praksis - Nordic Journal of Applied Ethics, 5(1), 79-96. https://doi.org/10.5324/eip.v5i1.1734

Nummer

Nr 1 (2011)

Sektion

Artikler - Articles

Licens

Authors who publish with this journal agree to the following terms:

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.

Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).