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Who Dares to Care? (In the World of Finance)

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  • Helen Mussell

Abstract

This study argues that gendered barriers to care are limiting the progress of socially responsible investment (SRI). Anchored within the world of finance – an industry predicated on mathematical theorizing, neoclassical economic thought, and omission of relational values – the inclusion of environmental, social, and governance (ESG) reporting, a commonly used term for nonfinancial information in SRI, in investment decision making confronts several barriers. One such barrier concerns care: who cares for what, and where. In an environment where an atomistic-individualistic ontology dominates, and a relational-values ontology is omitted, the study investigates the possibilities for ESG to have a wider uptake. It considers the changes required to align the inherently relational aspect of care within a culture of economic reasoning reliant on the exclusion of care. It concludes with suggestions for how a relational caring perspective can be incorporated to accommodate and encourage SRI in the world of financial management.

Suggested Citation

  • Helen Mussell, 2018. "Who Dares to Care? (In the World of Finance)," Feminist Economics, Taylor & Francis Journals, vol. 24(3), pages 113-135, July.
    • Handle: RePEc:taf:femeco:v:24:y:2018:i:3:p:113-135
    DOI: 10.1080/13545701.2017.1390319
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    Cited by:

    1. Paolo Santori, 2023. "Careocracy or isocracy? A feminist alternative to the neoliberal meritocratic discourse," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-9, December.
    2. Helen Mussell, 2019. "Elucidating Limited Shareholder Engagement: Identifying Ethical and Epistemological Factors in the Fiduciary," Working Papers wp516, Centre for Business Research, University of Cambridge.
    3. Helen Mussell, 2019. "Fiduciary - Asymmetrical Power, Asymmetrical Care," Working Papers wp511, Centre for Business Research, University of Cambridge.
    4. Helen J. Mussell, 2023. "Theorising the Fiduciary: Ontology and Ethics," Journal of Business Ethics, Springer, vol. 186(2), pages 293-307, August.

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