Super‐sizing Renewable Energy Investment: Examining the Portfolio Preferences of Superannuation Fund Members

Mara Hammerle, Paul Crosby and Rohan Best

The Economic Record, 2021, vol. 97, issue 317, 267-284

Abstract: We use a discrete choice experiment to quantify whether superannuation fund members value higher allocations of funds to renewable energy investments in their portfolios. Mixed logit modelling provides evidence that this valuation is driven by a fund member's environmental sentiment. Latent class modelling suggests that two classes of superannuation fund members exist: those whose preferences align with a renewable energy transition and those who are focused on financial returns. Our results suggest that the understanding of fiduciary duties, to act in the best interests of members, should be broader than a singular focus on financial returns.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://doi.org/10.1111/1475-4932.12606

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ecorec:v:97:y:2021:i:317:p:267-284

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0249

Access Statistics for this article

The Economic Record is currently edited by Paul Miller, Glenn Otto and Martin Richardson

More articles in The Economic Record from The Economic Society of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().