'Putting Your Money Where Your Mouth Is' A Profile of Ethical Investors
Year: 1998
Type: article
Study design: Observational Study
Abstract: This research sought to determine why people chose to invest in Earth Sanctuaries Limited (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 ecological considerations. Demographic and investor behavior attributes of ESL shareholders were compared with those of Austra- lian 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.
Source: Financial Services Review
Authors: Diana Beal, Michelle Goyen
Institution: University of Southern Queensland
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
SDG: Life on land
Open Access status: diamond
OpenAlex ID: W2032069866
