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The Human Capital Dimensions of Sustainable Investment: What Investment Analysts Need to Know

Author

Listed:
  • Thomas Kochan
  • Eileen Appelbaum
  • Carrie Leana
  • Jody Hoffer Gittell

Abstract

This paper identifies a number of questions that need to be answered if the growing interest in building investment portfolios of firms that follow socially and environmentally sustainable practices is to be successful in transforming the financial institutions and analysts from a liability to an asset in expanding the number of sustainable firms in the economy. Evidence from three decades of research on “high performance workplace practices” is reviewed that identifies what is required for firms to align human capital and financial strategies. A longer term research and education agenda is presented for answering the remaining open questions.

Suggested Citation

  • Thomas Kochan & Eileen Appelbaum & Carrie Leana & Jody Hoffer Gittell, 2013. "The Human Capital Dimensions of Sustainable Investment: What Investment Analysts Need to Know," CEPR Reports and Issue Briefs 2013-07, Center for Economic and Policy Research (CEPR).
    • Handle: RePEc:epo:papers:2013-07
    as

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    File URL: http://www.cepr.net/documents/publications/human-capital-investment-2013-03.pdf
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    inequality; poverty; human capital; investment; sustainability;
    All these keywords.

    JEL classification:

    • G - Financial Economics
    • G2 - Financial Economics - - Financial Institutions and Services
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage
    • J - Labor and Demographic Economics

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