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Socially responsible investing first became fashionable in the 1980s. Such investing involves consideration of the kinds of businesses that a firm engages in and selection

"Socially responsible investing" first became fashionable in the 1980s. Such investing involves consideration of the kinds of businesses that a firm engages in and selection of investments that are as consistent as possible with the investor's sense of ethical and moral business activity. What trade-offs must the socially responsible investor make? How are these trade-offs more complicated than those that we normally consider in making investment?

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