Who lets ethics guide his economic decision-making? An empirical analysis of individual investments in ethical funds

Jenny Säve-Söderbergh

Economics Letters, 2010, vol. 107, issue 2, 270-272

Abstract: This paper shows that one out of eight investors chooses ethical funds and foregoes return for ethical principles. However, few screen completely. Human capital, being female and "empathetic" professions all predict ethical decision-making. Interestingly, neither income nor wealth explains screening.

Keywords: Investment; decisions; Ethics; Altruism; Socially; responsible; investing (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:107:y:2010:i:2:p:270-272

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