价值观能预测对社会负责的投资决策吗？衡量性别的调节作用

IF 1.2 Q3 BUSINESS, FINANCE

Journal of Emerging Market Finance Pub Date : 2023-05-01 DOI:10.1177/09726527231160861

R. Raut, R. Kumar

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引用次数: 1

摘要

本研究通过衡量经济关注(利己主义价值)和环境关注(利他主义价值)对社会责任投资态度的影响，考察投资者的亲环境投资意向。采用有目的抽样技术，采用自填式结构化问卷对469名投资者进行数据收集，并采用两步结构方程模型进行分析。结果表明，利他主义和利己主义价值观都是投资者对社会责任投资持积极态度的显著预测因子，反映了投资者对环境的更大关注。此外，有动机投资社会责任投资的男性投资者比其同行(即女性投资者)更关心环境福祉。通过分析价值观对社会责任投资态度的影响，本研究的发现为年轻投资者的信念体系增加了一个新的维度。JEL代码:A13;D19;G1;G4

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Do Values Predict Socially Responsible Investment Decisions? Measuring the Moderating Effects of Gender

This study examines investors’ pro-environmental investment intentions by measuring the effect of economic concern (egoistic value) and environmental concern (altruistic value) on attitudes toward socially responsible investment (SRI). A self-administered structured questionnaire was used to collect data from 469 investors using a purposive sampling technique and analyzed using two-step structural equation modeling. Results show that both altruistic and egoistic values were significant predictors of a positive attitude toward SRI, portraying the greater environmental concern of investors. Additionally, male investors motivated to invest in SRI are more concerned about environmental well-being than their counterparts, that is, female investors. By analyzing values as antecedents of attitudes toward SRI, the findings of this study add a new dimension to the belief system of young investors. JEL Codes: A13; D19; G1; G4

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来源期刊

Journal of Emerging Market Finance BUSINESS, FINANCE-

CiteScore

1.80

自引率

33.30%

发文量

期刊介绍： The Journal of Emerging Market Finance is a forum for debate and discussion on the theory and practice of finance in emerging markets. While the emphasis is on articles that are of practical significance, the journal also covers theoretical and conceptual aspects relating to emerging financial markets. Peer-reviewed, the journal is equally useful to practitioners and to banking and investment companies as to scholars.