Putting your money where your mouth is: a profile of ethical investors

Beal, Diana and Goyen, Michelle (1998) Putting your money where your mouth is: a profile of ethical investors. Financial Services Review, 7 (2). pp. 129-143. ISSN 1057-0810

[img]
Preview
PDF (Published Version)
Beal_Goyen_Publ_version.pdf

Download (949Kb)

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.


Statistics for USQ ePrint 3478
Statistics for this ePrint Item
Item Type: Article (Commonwealth Reporting Category C)
Refereed: Yes
Item Status: Live Archive
Additional Information: Published version deposited with permission of the Editor.
Depositing User: Ms Michelle Goyen
Faculty / Department / School: Historic - Faculty of Business - Department of Finance and Banking
Date Deposited: 04 Aug 2008 00:21
Last Modified: 02 Jul 2013 22:53
Uncontrolled Keywords: ethical investment, conservation, financial dimension, ethical dimension, Australia
Fields of Research (FOR2008): 15 Commerce, Management, Tourism and Services > 1502 Banking, Finance and Investment > 150205 Investment and Risk Management
15 Commerce, Management, Tourism and Services > 1502 Banking, Finance and Investment > 150299 Banking, Finance and Investment not elsewhere classified
URI: http://eprints.usq.edu.au/id/eprint/3478

Actions (login required)

View Item Archive Repository Staff Only