Putting your money where your mouth is: a profile of ethical investors
Article
Article Title | Putting your money where your mouth is: a profile of ethical investors |
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ERA Journal ID | 19549 |
Article Category | Article |
Authors | Beal, Diana (Author) and Goyen, Michelle (Author) |
Journal Title | Financial Services Review |
Journal Citation | 7 (2), pp. 129-143 |
Number of Pages | 15 |
Year | 1998 |
Place of Publication | United States |
ISSN | 1057-0810 |
1873-5673 | |
Web Address (URL) | http://www.rmi.gsu.edu/FSR/abstracts/vol_7_2.htm |
Abstract | This research sougth to determine why people chose to invest in Earth Sanctuaries Limted (ESL), which conserves ecosystems and breeds endangered species as its corporate mission, an unequivocally ethical objective. Investors were surveyed to assess the relative importance of financial versus econlogical considerations. Demographic and investor behavior attributes of ESL shareholders were compared with those of Australian shareholders as reported by an Australian Stock Exchange survey. The results showed that the environmental mission of ESL took pre-eminence over financial considerations for these investors. Comparison of the two groups revealed significant differences in most variables. |
Keywords | ethical investment, conservation, financial dimension, ethical dimension, Australia |
ANZSRC Field of Research 2020 | 350208. Investment and risk management |
350299. Banking, finance and investment not elsewhere classified | |
Public Notes | File reproduced in accordance with the copyright policy of the publisher/author. |
Byline Affiliations | Department of Finance and Banking |
Management Development and Research Centre |
https://research.usq.edu.au/item/9y797/putting-your-money-where-your-mouth-is-a-profile-of-ethical-investors
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