Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/156281
Authors: 
Dorfleitner, Gregor
Nguyen, Mai
Year of Publication: 
2016
Citation: 
[Journal:] Business Research [ISSN:] 2198-2627 [Publisher:] Springer [Place:] Heidelberg [Volume:] 9 [Year:] 2016 [Issue:] 1 [Pages:] 1-25
Abstract: 
This article examines the determinants of the optimal percentage that private investors seek to invest in a socially responsible (SR) way when forming their portfolio. By conducting a global online survey in English, German and French, we find indications that it is sufficient for the majority of investors to have a certain amount of their budget invested sustainably. Accordingly, the optimal proportion tends to be lower the higher the available investment volume is. In addition, the non-financial utility derived from SR investments appears to be independent of the form of financing the investor provides. Moreover, the results show that well-educated women and slightly younger persons seek to invest a higher percentage of their portfolio socially responsibly.
Subjects: 
Socially responsible investing
SRI
Investment decision
Investment choice
Investment behavior
Non-financial utility
Socially responsible investment
Ethical investment
JEL: 
G11
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Article

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