Not everybody wants to save the world

Abstract

A consumer lens is used to examine investing behavior in this study. The study focuses on the importance given by investors to their economic and social investing goals (SIG). This approach redirects managerial attention from the investment to the investor and investing goals . The study fi nds that differences in environmental attitude, social investing effi cacy, materialism, religiosity and protected values can explain disparities in investing goals. The fi ndings suggest a segmentation approach based on differences in antecedent effects and economic and SIG.

Buying to Blunt Negative Feelings: Materialistic Escape from the Self

“…Materialists place relatively high value on economic competition and financial self-interest. When investing, materialists are more likely than other people to focus solely on profit, as opposed to societal benefit (Kashyap & Iyer, 2009) and endorse the corporate pursuit of profit, discounting social responsibility (Kolodinsky, Madden, Zisk, & Henkel, 2010).…”

Predicting the Financial Behavior of the Religious Organization Board in Indonesia

“…The impact of religious factors is even felt in case of countries like the United States, which is classified as more religious, show a lower risk of exposure, and show how the role of religion in holding the pace of action of their religious members to look for risks (Hilary & Hui, 2009). These factors differentiate various individual investment decisions (Kashyap & Iyer, 2009). At the household level, the hypothesis of religion's role in its members' financial attitude is also proved to be significant (Renneboog & Spaenjers, 2012).…”

“…Because religious factors are necessary prerequisites in the daily activities of board members of a religious organization, their financial behavior is also formed from that aspect (Vu, 2020). Several previous pieces of research support this opinion (Ali, 2016;Hess, 2012;Hilary & Hui, 2009;Kashyap & Iyer, 2009;Renneboog & Spaenjers, 2012), then it is expected that: H4: Religiosity increases the positive financial behavior of the religious members of Muhammadiyah.…”

Dampak Locus Of Control, Sikap Keuangan, Pendapatan, dan Religiusitas terhadap Perilaku Keuangan

“…Faktor agama merupakan prasyarat inheren yang melekat di keseharian pengurus organisasi keagamaan, maka perilaku keuangan mereka juga terbentuk dari aspek tersebut. Beberapa penelitian sebelumnya mendukung pendapat tersebut (Ashraf Ali, 2016;Hess, 2012;Hilary & Hui, 2009;Kashyap & Iyer, 2009;Renneboog & Spaenjers, 2012). Berdasarkan hal tersebut, penelitian ini merumuskan hipotesis : H4 : Religiusitas berpengaruh positif terhadap perilaku keuangan pengurus Muhammadiyah.…”

“…Dampak faktor agama bahkan terasa pada negara bagian Amerika Serikat yang menunjukkan eksposur risiko yang lebih rendah, dan menunjukkan bagaimana peran agama dalam menahan laju tindakan mencari risiko pemeluk-pemeluknya (Hilary & Hui, 2009). Faktor-faktor tersebut menjadi pembeda atas beragam keputusan investasi individu (Kashyap & Iyer, 2009). Pada level rumah tangga, hipotesis peran agama terhadap sikap keuangan pemeluknya juga terbukti signifikan (Renneboog & Spaenjers, 2012).…”