Heterogeneity in investment behavior in sustainable products: the case of thematic funds

IF 0.9 Q3 ECONOMICS Economics and Business Letters Pub Date : 2023-07-13 DOI:10.17811/ebl.12.2.2023.115-120
Lucía de Carlos Fraile, Eva Crespo-Cebada, Ángel Sabino Mirón-Sanguino, C. Díaz‐Caro
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引用次数: 1

Abstract

The market and distribution of investment products that contribute to the achievement of the Sustainable Development Goals (SDGs), as a paradigm of the 2030 Agenda, are instruments that investors should incorporate into their financial portfolios. This paper analyses investors' preferences for investment funds that contribute in their investment policy to the achievement of SDG 6. Choice experiment methodology has been applied to try to obtain a valuation by Spanish investors. A survey was carried out in which a total of 456 valid observations were obtained. The results show that there is a high valuation of funds whose portfolios include investments that contribute to SDG 6 and that there is also heterogeneity in preferences.
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可持续产品投资行为的异质性:以主题基金为例
作为《2030年议程》的一个范例,有助于实现可持续发展目标的投资产品的市场和分销是投资者应纳入其金融投资组合的工具。本文分析了投资者对有助于实现可持续发展目标6的投资政策的投资基金的偏好。西班牙投资者采用选择实验方法试图获得估值。进行了一项调查,共获得456个有效观察结果。结果表明,投资组合中包括有助于可持续发展目标6的投资的基金估值较高,而且偏好也存在异质性。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
1.80
自引率
11.10%
发文量
18
期刊介绍: Economics and Business Letters is an open access journal that publishes both theoretical and empirical quality original papers in all economics and business fields. In addition, relevant discussions on current policy issues will be considered for the Policy Watch section. As general strategy of EBL, the journal will launch calls for papers for special issues on topics of interest, generally with invited guest editors. The maximum length of the letters is limited to 2,500 words.
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