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Which proportion of SR investments is enough? A survey-based approach

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  • Gregor Dorfleitner

    () (University of Regensburg)

  • Mai Nguyen

    () (University of Regensburg)

Abstract

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.

Suggested Citation

  • Gregor Dorfleitner & Mai Nguyen, 2016. "Which proportion of SR investments is enough? A survey-based approach," Business Research, Springer;German Academic Association for Business Research, vol. 9(1), pages 1-25, April.
  • Handle: RePEc:spr:busres:v:9:y:2016:i:1:d:10.1007_s40685-016-0030-y
    DOI: 10.1007/s40685-016-0030-y
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    References listed on IDEAS

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    Cited by:

    1. repec:pal:assmgt:v:18:y:2017:i:2:d:10.1057_s41260-016-0011-x is not listed on IDEAS
    2. Maria Cristina Rossi & Dario Sansone & Costanza Torricelli & Arthur van Soest, 2018. "Household Preferences for Socially Responsible Investments," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 0066, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
    3. Maria Cristina Rossi & Dario Sansone & Costanza Torricelli & Arthur van Soest, 2018. "Household Preferences for Socially Responsible Investments," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 18021, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".

    More about this item

    Keywords

    Socially responsible investing; SRI; Investment decision; Investment choice; Investment behavior; Non-financial utility; Socially responsible investment; Ethical investment;

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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