Ethical investments: Preferences and morality

1990 ◽  
Vol 19 (4) ◽  
pp. 395-411 ◽  
Author(s):  
Alan Lewis ◽  
John Cullis
Keyword(s):  
Ethical Investments

Biophilia's Queer Remnants

2017 ◽  
Vol 46 (3-4) ◽  
pp. 18-23 ◽  
Author(s):  
Courtney O'Dell-Chaib
Keyword(s):  
Healthy Animal ◽  
Religion And Ecology ◽  
Evolutionary Biologist ◽  
Ecological Degradation ◽  
Biophilia Hypothesis ◽  
Ethical Investments ◽  
Affective Dimensions

Evolutionary biologist Edward O. Wilson’s biophilia hypothesis, that humans have a genetically influenced emotional affiliation with life and life-like processes, for some time has invigorated a prominent strain of scholarship within religion and ecology that taps into the affective dimensions of our evolutionary histories. Our biophilic tendencies coupled with the awe, wonder, and reverence evoked by these religiously resonant cosmologies, they argue, provide occasions for cultivating ethical investments rooted in genetic kinship. However, much of this work that adopts biophilia assumes a “healthy” animal-other and rarely affiliates with the ill, disabled, and mutated creatures impacted by ecological degradation. In conversation with Donovan Schaefer’s provocative new book Religious Affects: Animality, Evolution, and Power and his engagement with biophilia, this paper considers possibilities for addressing aversion to animals impacted by ecological collapse through Schaefer’s understanding of affects as not merely adaptive, but embedded within complex economies of embodiment and power.

Are gilts ethical investments?

1999 ◽  
Vol 19 (4) ◽  
pp. 41-43
Author(s):  
Terry Arthur
Keyword(s):  
Ethical Investments

The Sustainable Finance Landscape in Germany

2022 ◽  
pp. 286-311
Author(s):  
Berthold Matthias Kuhn ◽  
Claudia Tober
Keyword(s):  
Current Trend ◽  
Rating Agencies ◽  
Policy Initiatives ◽  
Insurance Sector ◽  
Sustainable Finance ◽  
Ethical Investments

This chapter discusses the current trend of mainstreaming sustainable finance in Germany. It provides an overview of contributions of different stakeholders to this trend and sheds light on the evolution of the sustainable finance landscape in Germany, including banks, the insurance sector, rating agencies, nonprofits, and academia. EU regulations are currently driving change and promoting sustainable finance in Germany. New policy initiatives and regulations are closely monitored and discussed by diverse stakeholders, including organisations with a long-standing expertise in promoting responsible and ethical investments. Advocacy-oriented nonprofits critically address greenwashing and engage in debates on qualitative aspects. The sustainable finance trend is expected to gain further traction in Germany.

scholarly journals Could the impaired intention of ethical investment be recovered?

2016 ◽  
Vol 22 (5) ◽  
pp. 736-750 ◽  
Author(s):  
Chiung-Yao Huang ◽  
Yu-Cheng Lin ◽  
Chiung-Hui Chen
Keyword(s):  
Negative Impact ◽  
Shareholder Wealth ◽  
Moral Intensity ◽  
Ethical Investment ◽  
Remedial Measures ◽  
British Petroleum ◽  
Wealth Maximization ◽  
Shareholder Wealth Maximization ◽  
Classical Economic ◽  
Ethical Investments

AbstractThe environmental pollution caused by Advanced Semiconductor Engineering in October 2013 in Taiwan highlighted the fact that foreign investors tend to support the classical economic ideas of arbitrage and shareholder wealth maximization, which is in conflict with the fact that institutional investors in the current global capital market lean towards the stakeholder theory in ethical investments. Will local investors’ decision-making also be influenced by differences in the perceived ethics of negative environmental corporate social responsibility (ECSR)? Compared to the remedial measures implemented by British Petroleum for the 2010 Deepwater Horizon oil spill, Advanced Semiconductor Engineering, another international corporation, decided to not respond to any news regarding the toxic wastewater incident. In contrast, Advanced Semiconductor Engineering only made clearer promises after extreme public pressure. This study investigated whether remedial measures for negative ECSR are an important factor influencing investors’ decisions. The purpose is to clarify the interactions among perceived moral intensity of negative ECSR, the implementation of remedial measures, and the intention of ethical investment. An experimental design was employed to test the hypotheses. The results indicated that perceived moral intensity has a significant negative impact on the intention of ethical investment. The implementation of remedial measures for negative ECSR affects investors’ intent to invest. Finally, positive ECSR remedial measures also serve as a key moderating variable in the relationship between perceived moral intensity and the intention of ethical investment. This study clarified whether the provision of remedial mechanisms can effectively recover or maintain investor investment intent when companies experience negative ECSR.

Perfectionist decision-making style and ethical investment willingness

2018 ◽  
Vol 56 (3) ◽  
pp. 534-549 ◽  
Author(s):  
Yu-Cheng Lin ◽  
Chiung-Yao Huang ◽  
Yu-Shan Wei
Keyword(s):  
Decision Making ◽  
Structural Equation ◽  
Investment Decision ◽  
Moral Intensity ◽  
Equation Modeling ◽  
Individual Investors ◽  
Ethical Investment ◽  
Financial Returns ◽  
Content Type ◽  
Ethical Investments

Purpose The purpose of this paper is to examine the ethical investment willingness decision-making process to understand how investors evaluate corporate social responsibility (CSR) actions. Design/methodology/approach Data were collected through a survey of 298 individual investors and analyzed using structural equation modeling. Findings Results reveal that perfectionist decision-making style is positively related to perceived moral intensity, substitutability of financial returns, and ethical investment willingness. In addition, perceived moral intensity and substitutability of financial returns are positively related to ethical investment willingness. Finally, perceived moral intensity is positively related to substitutability of financial returns, and a two-factor causal mediation model is supported. Research limitations/implications The limitation of this study was that the pre-tests and sampling methods required all participants to have investing experience; however, procurement of trading information for each investor was impossible; thus, actual investment behaviors were undetermined. This study shed light on the mediating roles of perceived moral intensity and the substitutability of financial returns. Future studies can further investigate the factors influencing perceived moral intensity and the substitutability of financial returns. Practical implications Future ethical investment education can focus on cultivate the ability to distinguish ethical investments and change ethical investment willingness into actual investment behavior. Originality/value Understanding the relationship between these variables can help understand why ethical investment willingness varies among investors and how the traditional financial theory investment decision model should be revised as, internationally, more people have begun to observe CSR and sustainable development.

Are ethical investments good?

2014 ◽  
Vol 39 (4) ◽  
pp. 645-665 ◽  
Author(s):  
Gariet WS Chow ◽  
Robert B Durand ◽  
SzeKee Koh
Keyword(s):  
Ethical Investments

scholarly journals Do Socially Responsible Investment Funds Sell Losses and Ride Gains? The Disposition Effect in SRI Funds

2021 ◽  
Vol 13 (15) ◽  
pp. 8142
Author(s):  
Beatrice Boumda ◽  
Darren Duxbury ◽  
Cristina Ortiz ◽  
Luis Vicente
Keyword(s):  
Mutual Fund ◽  
Economic Loss ◽  
Investment Strategy ◽  
Socially Responsible Investment ◽  
Disposition Effect ◽  
Socially Responsible ◽  
Investment Funds ◽  
Responsible Investment ◽  
Fund Managers ◽  
Ethical Investments

An increasing percentage of the total net assets under professional management is devoted to ethical investments. Socially responsible investment (SRI) funds have a dual objective: building an investment strategy based on environmental, social, and corporate governance (ESG) screens and providing financial returns to investors. In the current study, we investigate whether this dual objective has an influence on the behavior of mutual fund managers in the realization of gains and losses. Evidence has shown that most investors in SRI funds invest in those funds primarily because of their social concerns. If the motivations of SRI managers align with those of SRI investors, SRI managers might then have more incentives than conventional managers to hold onto losing stocks if they feel their social value compensates for the economic loss. We hypothesize that SRI managers would be less prone to the disposition effect than conventional managers. Pertaining to the disposition effect, we do not find evidence of a difference in the behavior of SRI fund managers compared with that of conventional fund managers. Our results hold, even when considering market trends, management structure, gender, and prior performance.

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