Household Preferences for Socially Responsible Investments

Mariacristina Rossi, Dario Sansone, Arthur van Soest () and Costanza Torricelli

No 177, CeRP Working Papers from Center for Research on Pensions and Welfare Policies, Turin (Italy)

Abstract: We analyze revealed and stated household preferences for socially responsible investments (SRI). Using a questionnaire specifically designed for this purpose and administered to a Dutch representative household panel, we investigate the actual and latent demand for SRI products. Respondents reported whether they owned SRI products and why or why not, but also answered stated choice questions on traditional investments and hypothetical socially responsible products with an explicit return penalty and/or an in-kind compensation associated with lower return. Our results show that investors attracted by socially responsible financial products are more interested in the social product as such and show little interest in compensation. The magnitude of the penalty for investing in SRI is not diluting their investment intentions.

Pages: 31 pages
Date: 2018-02
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.cerp.carloalberto.org/household-prefere ... onsible-investments/ (application/pdf)

Related works:
Journal Article: Household preferences for socially responsible investments (2019)
Working Paper: Household Preferences for Socially Responsible Investments (2018)
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:crp:wpaper:177

Access Statistics for this paper

More papers in CeRP Working Papers from Center for Research on Pensions and Welfare Policies, Turin (Italy) Contact information at EDIRC.
Bibliographic data for series maintained by Silvia Maero ().