As you sow, so shall you reap: Assessing drivers of socially responsible investment attitude and intention

<p dir="ltr">Socially responsible investment (SRI) is a form of investment that strives to generate both social and financial rewards for investors. This research seeks to examine the Indian retail investors' investment behaviour towards SRI. The growth is being observed in the...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Aashish Garg (17380339) (author)
مؤلفون آخرون: Pooja Goel (2360743) (author), Anuj Sharma (656382) (author), Nripendra P. Rana (14047252) (author)
منشور في: 2022
الموضوعات:
الوسوم: إضافة وسم
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author Aashish Garg (17380339)
author2 Pooja Goel (2360743)
Anuj Sharma (656382)
Nripendra P. Rana (14047252)
author2_role author
author
author
author_facet Aashish Garg (17380339)
Pooja Goel (2360743)
Anuj Sharma (656382)
Nripendra P. Rana (14047252)
author_role author
dc.creator.none.fl_str_mv Aashish Garg (17380339)
Pooja Goel (2360743)
Anuj Sharma (656382)
Nripendra P. Rana (14047252)
dc.date.none.fl_str_mv 2022-11-01T00:00:00Z
dc.identifier.none.fl_str_mv 10.1016/j.techfore.2022.122030
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/As_you_sow_so_shall_you_reap_Assessing_drivers_of_socially_responsible_investment_attitude_and_intention/24551386
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Banking, finance and investment
Economics
Applied economics
Human society
Sociology
Investors' values
Investors' biases
Socially responsible investments
Social self-efficacy
Self-determination theory
dc.title.none.fl_str_mv As you sow, so shall you reap: Assessing drivers of socially responsible investment attitude and intention
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p dir="ltr">Socially responsible investment (SRI) is a form of investment that strives to generate both social and financial rewards for investors. This research seeks to examine the Indian retail investors' investment behaviour towards SRI. The growth is being observed in the number of retail investors looking to invest in firms that promote social or environmental goals and act ethically. For this purpose, the data were obtained from 433 participants through an online survey. The research hypotheses were tested using covariance-based structural equation modelling (SEM). The findings suggest that investors' values (collectivism and biospheric values), biases (social responsibility bias and reliance on expert bias), and perceived performance of SRI contribute positively to the intentions towards SRI. Also, the results highlight that attitude mediated all hypothesised relationships except for the relationship between collectivism and intention and reliance on expert bias and intention towards SRI. This research also established that investors with high social self-efficacy tend to have high intentions towards SRI. The significant implications for theory and practice have been discussed.</p><h2>Other Information</h2><p dir="ltr">Published in: Technological Forecasting and Social Change<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1016/j.techfore.2022.122030" target="_blank">https://dx.doi.org/10.1016/j.techfore.2022.122030</a></p>
eu_rights_str_mv openAccess
id Manara2_087e3bc2363043145e6fe8edd9d915a1
identifier_str_mv 10.1016/j.techfore.2022.122030
network_acronym_str Manara2
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oai_identifier_str oai:figshare.com:article/24551386
publishDate 2022
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rights_invalid_str_mv CC BY 4.0
spelling As you sow, so shall you reap: Assessing drivers of socially responsible investment attitude and intentionAashish Garg (17380339)Pooja Goel (2360743)Anuj Sharma (656382)Nripendra P. Rana (14047252)Commerce, management, tourism and servicesBanking, finance and investmentEconomicsApplied economicsHuman societySociologyInvestors' valuesInvestors' biasesSocially responsible investmentsSocial self-efficacySelf-determination theory<p dir="ltr">Socially responsible investment (SRI) is a form of investment that strives to generate both social and financial rewards for investors. This research seeks to examine the Indian retail investors' investment behaviour towards SRI. The growth is being observed in the number of retail investors looking to invest in firms that promote social or environmental goals and act ethically. For this purpose, the data were obtained from 433 participants through an online survey. The research hypotheses were tested using covariance-based structural equation modelling (SEM). The findings suggest that investors' values (collectivism and biospheric values), biases (social responsibility bias and reliance on expert bias), and perceived performance of SRI contribute positively to the intentions towards SRI. Also, the results highlight that attitude mediated all hypothesised relationships except for the relationship between collectivism and intention and reliance on expert bias and intention towards SRI. This research also established that investors with high social self-efficacy tend to have high intentions towards SRI. The significant implications for theory and practice have been discussed.</p><h2>Other Information</h2><p dir="ltr">Published in: Technological Forecasting and Social Change<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1016/j.techfore.2022.122030" target="_blank">https://dx.doi.org/10.1016/j.techfore.2022.122030</a></p>2022-11-01T00:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1016/j.techfore.2022.122030https://figshare.com/articles/journal_contribution/As_you_sow_so_shall_you_reap_Assessing_drivers_of_socially_responsible_investment_attitude_and_intention/24551386CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/245513862022-11-01T00:00:00Z
spellingShingle As you sow, so shall you reap: Assessing drivers of socially responsible investment attitude and intention
Aashish Garg (17380339)
Commerce, management, tourism and services
Banking, finance and investment
Economics
Applied economics
Human society
Sociology
Investors' values
Investors' biases
Socially responsible investments
Social self-efficacy
Self-determination theory
status_str publishedVersion
title As you sow, so shall you reap: Assessing drivers of socially responsible investment attitude and intention
title_full As you sow, so shall you reap: Assessing drivers of socially responsible investment attitude and intention
title_fullStr As you sow, so shall you reap: Assessing drivers of socially responsible investment attitude and intention
title_full_unstemmed As you sow, so shall you reap: Assessing drivers of socially responsible investment attitude and intention
title_short As you sow, so shall you reap: Assessing drivers of socially responsible investment attitude and intention
title_sort As you sow, so shall you reap: Assessing drivers of socially responsible investment attitude and intention
topic Commerce, management, tourism and services
Banking, finance and investment
Economics
Applied economics
Human society
Sociology
Investors' values
Investors' biases
Socially responsible investments
Social self-efficacy
Self-determination theory