Arbeitspapier

Sustainability and private investors

Private investors are an increasingly important voice in sustainability challenges. We examine investors' attitudes and behavior towards sustainable investing through a survey of 5,030 Finnish private investors. We document that 60 percent of all respondents consider environmental, social, and governance (ESG) factors when making investment decisions. Our results indicate that women and millennials are more likely to follow sustainable investment strategies than investors on average. We also find that language background, location and education levels influence investment behavior. Moreover, our findings suggest that both sustainable and traditional investors are willing to take risks in their investment strategy. We also report the effects of the COVID pandemic on investor behavior and find that investors who started investing during the pandemic are less likely to choose traditional investment strategies. Our findings have implications for financial market participants and policymakers.

ISBN
978-952-323-448-2
Sprache
Englisch

Erschienen in
Series: Bank of Finland Research Discussion Papers ; No. 14/2023

Klassifikation
Wirtschaft
Financial Crises
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Corporate Finance and Governance: General
Corporate Culture; Diversity; Social Responsibility
Thema
private investors
sustainability
investment strategies
ESG
risk-taking
COVID-19

Ereignis
Geistige Schöpfung
(wer)
Buchanan, Bonnie
Silvola, Hanna
Vähämaa, Emilia
Ereignis
Veröffentlichung
(wer)
Bank of Finland
(wo)
Helsinki
(wann)
2023

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Buchanan, Bonnie
  • Silvola, Hanna
  • Vähämaa, Emilia
  • Bank of Finland

Entstanden

  • 2023

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