IDEAS home Printed from https://ideas.repec.org/a/taf/jsustf/v9y2019i4p282-294.html
   My bibliography  Save this article

On the heterogeneity of sustainable and responsible investors

Author

Listed:
  • Bernhard Zwergel
  • Anett Wins
  • Christian Klein

Abstract

We demonstrate that German retail investors have very heterogeneous requirements pertaining to ‘sustainable investments’ as a group, based on a representative survey ($n$n = 1014). According to investment behavior we identify three investor groups: ‘Sustainable and Responsible’ (SR) investors, and conventional investors that are either ‘generally interested’ (INT) or ‘not interested’ (CONV) in investing in ethical-ecological investments. The most frequently selected screening criteria are identical for SR, INT and CONV investors. However, measures of intra-group and inter-group heterogeneity indicate that these three groups are heterogeneous with very individual demands regarding sustainable investments. Therefore, it is more important to aid the investor in his search for a fund that meets his screening preferences than to create a fund that tries to anticipate investor groups’ screening preferences.

Suggested Citation

  • Bernhard Zwergel & Anett Wins & Christian Klein, 2019. "On the heterogeneity of sustainable and responsible investors," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 9(4), pages 282-294, October.
    • Handle: RePEc:taf:jsustf:v:9:y:2019:i:4:p:282-294
    DOI: 10.1080/20430795.2019.1613820
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/20430795.2019.1613820
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/20430795.2019.1613820?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

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

    Citations

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


    Cited by:

    1. Kara Nel & Nadia Mans-Kemp & Pierre D. Erasmus, 2023. "Sustainable Thematic Investing: Identifying Opportunities Based on an Analysis of Stewardship Reports," Sustainability, MDPI, vol. 15(10), pages 1-20, May.
    2. Mercedes Luque‐Vílchez & José A. Gómez‐Limón & M. Dolores Guerrero‐Baena & Pablo Rodríguez‐Gutiérrez, 2023. "Deconstructing corporate environmental, social, and governance performance: Heterogeneous stakeholder preferences in the food industry," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(3), pages 1845-1860, June.

    More about this item

    Statistics

    Access and download statistics

    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:taf:jsustf:v:9:y:2019:i:4:p:282-294. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TSFI20 .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.