A Comparison of Socially Responsible and Conventional Investors

McLachlan, Jonathan and Gardner, John (2004) A Comparison of Socially Responsible and Conventional Investors. Journal of Business Ethics, 52 1: 11-25.


Author McLachlan, Jonathan
Gardner, John
Title A Comparison of Socially Responsible and Conventional Investors
Journal name Journal of Business Ethics   Check publisher's open access policy
ISSN 0167-4544
1573-0697
Publication date 2004-06
Sub-type Article (original research)
DOI 10.1023/B:BUSI.0000033104.28219.92
Volume 52
Issue 1
Start page 11
End page 25
Total pages 15
Place of publication Amsterdam, Netherlands
Publisher Kluwer Academic
Language eng
Subject 1503 Business and Management
Abstract Socially responsible investment is a rapidly emerging phenomenon within the field of personal investment. However, the factors that lead investors to choose socially responsible investment products are not well understood, especially in an Australian context. This study provides a comparative examination of conventional and socially responsible investors, with the aim of identifying such factors. A total of 55 conventional investors and 54 ethical investors participated in the study by completing mailed questionnaires about their investment and general behaviour and their attitudes and beliefs. Results indicated some important differences between socially responsible and conventional investors in their beliefs of the importance of ethical issues, their investment decision-making style, and their perceptions of moral intensity. These results support the notion that socially responsible investors differ in critical ways to conventional investors, and are discussed in terms of theoretical and practical implications. [PUBLICATION ABSTRACT]
Keyword Consumer decision-making
Ethics
Socially responsible investment
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Unknown

Document type: Journal Article
Sub-type: Article (original research)
Collections: Excellence in Research Australia (ERA) - Collection
UQ Business School Publications
 
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Created: Fri, 28 Apr 2006, 19:46:33 EST