IDEAS home Printed from https://ideas.repec.org/a/eee/ecolet/v107y2010i2p270-272.html
   My bibliography  Save this article

Who lets ethics guide his economic decision-making? An empirical analysis of individual investments in ethical funds

Author

Listed:
  • Säve-Söderbergh, Jenny

Abstract

This paper shows that one out of eight investors chooses ethical funds and foregoes return for ethical principles. However, few screen completely. Human capital, being female and "empathetic" professions all predict ethical decision-making. Interestingly, neither income nor wealth explains screening.

Suggested Citation

  • Säve-Söderbergh, Jenny, 2010. "Who lets ethics guide his economic decision-making? An empirical analysis of individual investments in ethical funds," Economics Letters, Elsevier, vol. 107(2), pages 270-272, May.
  • Handle: RePEc:eee:ecolet:v:107:y:2010:i:2:p:270-272
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0165-1765(10)00066-2
    Download Restriction: Full text for ScienceDirect subscribers only
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Freeman, Richard B, 1997. "Working for Nothing: The Supply of Volunteer Labor," Journal of Labor Economics, University of Chicago Press, vol. 15(1), pages 140-166, January.
    2. Andrei Shleifer, 2004. "Does Competition Destroy Ethical Behavior?," American Economic Review, American Economic Association, vol. 94(2), pages 414-418, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:dau:papers:123456789/7349 is not listed on IDEAS
    2. Mohamed A. Ayadi & Hatem Ben-Ameur & Lawrence Kryzanowski, 2016. "Typical and Tail Performance of Canadian Equity SRI Mutual Funds," Journal of Financial Services Research, Springer;Western Finance Association, vol. 50(1), pages 57-94, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Säve-Söderbergh, Jenny, 2005. "Who is Willing to Let Ethics Guide His Economic Decision-Making? Evidence from Individual Investments in Ethical Funds," Working Paper Series 7/2005, Stockholm University, Swedish Institute for Social Research.
    2. Marcela Sefora Nemteanu & Teodora Mihaela Tarcza, 2016. "Volunteers Trust In Organizational Mission, Leadership And Activities Effieciency," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 995-1001, July.
    3. Eva Macková & Vojtech Stanek, 2005. "Teoretické prístupy k ekonomike dobrovoľníctva ako fenoménu sociálnej práce [Theoretical approaches to the economics of volunteering as a social labour phenomenon]," Politická ekonomie, Prague University of Economics and Business, vol. 2005(5), pages 634-645.
    4. Douglas C. Bice & William H. Hoyt, 1997. "The Impact of Mandates and Tax Limits on Voluntary Contributions to Local Public Services: An Application to Fire Protection Services," Public Economics 9704002, University Library of Munich, Germany.
    5. Samuel Cameron & Mark Fox, 2011. "Half Full or Half Empty: The Economics of Work–Life Balance," Chapters, in: Samuel Cameron (ed.), Handbook on the Economics of Leisure, chapter 6, Edward Elgar Publishing.
    6. Vranceanu, Radu, 2005. "The Ethical Dimension of Economic Choices," ESSEC Working Papers DR 05001, ESSEC Research Center, ESSEC Business School.
    7. Lamar Pierce & Jason Snyder, 2015. "Unethical Demand and Employee Turnover," Journal of Business Ethics, Springer, vol. 131(4), pages 853-869, November.
    8. Linardi, Sera & McConnell, Margaret A., 2011. "No excuses for good behavior: Volunteering and the social environment," Journal of Public Economics, Elsevier, vol. 95(5), pages 445-454.
    9. Gary Charness & David Masclet & Marie Claire Villeval, 2014. "The Dark Side of Competition for Status," Management Science, INFORMS, vol. 60(1), pages 38-55, January.
    10. Donatella Furia & Alessandro Crociata & Massimiliano Agovino, 2018. "Voluntary work and cultural capital: an exploratory analysis for Italian regional data," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 35(3), pages 789-808, December.
    11. Sylvain Marsat & Benjamin Williams, 2013. "CSR and Market Valuation: International Evidence," Post-Print hal-02156596, HAL.
    12. Shibly Shahrier & Koji Kotani, 2016. "Labor Donation Or Money Donation? Pro-Sociality On Prevention Of Natural Disasters In A Case Of Cyclone Aila, Bangladesh," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(01), pages 1-26, March.
    13. Becchetti, Leonardo & Ciciretti, Rocco & Hasan, Iftekhar, 2015. "Corporate social responsibility, stakeholder risk, and idiosyncratic volatility," Journal of Corporate Finance, Elsevier, vol. 35(C), pages 297-309.
    14. Carpenter, Jeffrey & Myers, Caitlin Knowles, 2010. "Why volunteer? Evidence on the role of altruism, image, and incentives," Journal of Public Economics, Elsevier, vol. 94(11-12), pages 911-920, December.
    15. Bruno S. Frey & Stephan Meier, 2002. "Pro-Social Behavior, Reciprocity or Both?," CESifo Working Paper Series 750, CESifo.
    16. Jean Tirole & Roland Bénabou, 2006. "Incentives and Prosocial Behavior," American Economic Review, American Economic Association, vol. 96(5), pages 1652-1678, December.
    17. Carol Newman & John Rand & Finn Tarp & Neda Trifkovic, 2020. "Corporate Social Responsibility in a Competitive Business Environment," Journal of Development Studies, Taylor & Francis Journals, vol. 56(8), pages 1455-1472, July.
    18. Susanne Fengler & Stephan Russ‐Mohl, 2008. "The Crumbling Hidden Wall: towards an Economic Theory of Journalism," Kyklos, Wiley Blackwell, vol. 61(4), pages 520-542, November.
    19. Lionel Prouteau & François‐Charles Wolff, 2004. "Relational Goods and Associational Participation," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 75(3), pages 431-463, September.
    20. Schwieren, Christiane & Weichselbaumer, Doris, 2010. "Does competition enhance performance or cheating? A laboratory experiment," Journal of Economic Psychology, Elsevier, vol. 31(3), pages 241-253, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolet:v:107:y:2010:i:2:p:270-272. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: http://www.elsevier.com/locate/ecolet .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nithya Sathishkumar (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolet .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.