FINDING PRESENCE OF THE GOD IN INVESTORS’ HEART: EXAMINING THE LINK BETWEEN RELIGIOSITY AND SOCIALLY RESPONSIBLE INVESTMENT

Satya Putra, Tegar FINDING PRESENCE OF THE GOD IN INVESTORS’ HEART: EXAMINING THE LINK BETWEEN RELIGIOSITY AND SOCIALLY RESPONSIBLE INVESTMENT. [Research]

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Abstract

Socially Responsible Investment or ethical investment has grown significantly in various countries. This rising trend creates a big question mark in the head of investors and finance scholars as the concept of ethics and investment has not been widely discussed in the finance literature. The discussion mostly focuses on the demographic characteristics of socially responsible investors and there is only a handful of literature which discusses the withinperson factors that influence an investor to invest in SRI. Based on those notions, this paper tries to examine the relationship between investor religiosity with his/her decision-making process in SRI. Religiosity is chosen as the possible antecedent because religiosity has discussed widely in the business ethics literature as one major antecedent in an ethics-related construct. It is found that Religiosity does influence investor decision-making process indirectly through his/her decision frame.

Item Type: Research
Uncontrolled Keywords: Socially Responsible Investment, Ethical Investment, Green Investment, Religiosity, Behavioral Finance
Subjects: Manajemen > Pemasaran
Divisions: Fakultas Ekonomi > Manajemen
Depositing User: Editor UAJY
Date Deposited: 05 Nov 2019 04:46
Last Modified: 05 Nov 2019 04:46
URI: http://e-journal.uajy.ac.id/id/eprint/20627

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