Articlehybrid2025

Factors Associated With ESG Investment Attitude

16 citations0/0 files storedFinancial Planning Review

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Sustainable Finance and Green Bonds Financial Markets and Investment Strategies Corporate Social Responsibility Reporting

Abstract

ABSTRACT In recent years, Environmental, Social, and Governance (ESG) oriented investments have grown significantly in terms of volume and influence within the global financial markets. However, there is also a notable countertrend against ESG investments in certain regions and sectors, driven by skepticism around ESG performance, regulatory concerns, and political opposition. Therefore, understanding factors that drive investor attitude towards these ESG assets is crucial. Using data from National Financial Capability Study (NFCS) in 2021, this study delved into exploring factors, specifically values, investment experience, and investment knowledge, that are correlated the ESG investment attitude of US investors. Findings showed that while valuing social responsibility was positively, extensive investment experience was negatively associated with ESG investment attitude. In addition, subjective investment knowledge was positively, while objective investment knowledge was negatively associated with ESG investment attitude. These factors collectively predicted 39% of the variability in ESG investment attitude. These findings highlighted the complex interaction among investment values, experience, and knowledge in determining individual attitudes towards ESG investment. The study implies the need for enhanced investor education on ESG issues and in designing strategies related to investment diversification, including ESG assets.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 16 citations exist upstream.

References

1974Judgment under Uncertainty: Heuristics and Biases 2014The Economic Importance of Financial Literacy: Theory and Evidence 2001Boys will be Boys: Gender, Overconfidence, and Common Stock Investment 2015ESG and financial performance: aggregated evidence from more than 2000 empirical studies 2009The price of sin: The effects of social norms on markets 2007Baby Boomer retirement security: The roles of planning, financial literacy, and housing wealth 2017Why and How Investors Use ESG Information: Evidence from a Global Survey 2023Environmental, social, and governance (ESG) performance and financial outcomes: Analyzing the impact of ESG on financial performance

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.