The field of investment has received considerable changes in recent years. Over the past decade one of the major trends in the finance domain is the emergence of Socially Responsible Investments, reflecting the increasing awareness of investors to social and environmental and corporate governance issues. Over the past three decades many surveys have been conducted to understand and segment the demographic profile of socially responsible investors. This article aims to provide an overview of the existing literature on the demographic characteristics of socially responsible investors that has been studied across countries and time .We have limited our focus to insights generated by the articles specifically, dealing with relative influence of socio-demographic factors on the attitude towards Socially Responsible Investment, as opposed to broadening the scope of our inquiry to a larger set of studies related to the SRI such as fund performance, financial risk/return characteristics etc. The articles published have been classified into four broad demographic categories viz. Age, Gender, Education and Income on the basis of the importance of each category in context of Socially Responsible Investment. Finally the conclusion and future research directions are suggested which would be of importance for both academicians and investment world.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.