University of Twente Student Theses
Sustainable investment preferences among the clients of a fund manager in the Netherlands
Wagenaar, Leon (2024) Sustainable investment preferences among the clients of a fund manager in the Netherlands.
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| Abstract: | Sustainability is a very important concept of the 21st century. Reason being is a number of unresolved problems in the world, among those problems are climate change, and natural resource scarcity. As a result, the financial sector has also been getting involved in sustainability, which has given rise to sustainable investments. Sustainable investments refer to financial strategies that seek to generate positive environmental, social, and governance (ESG) outcomes in combination with financial returns. While considerable research has explored the financial returns of sustainable investments compared to conventional ones, there is a noticeable gap in understanding investor preferences within this landscape. This study aims to analyze the determinants influencing investor preference for sustainable investment strategies and the role of financial sacrifice in shaping these preferences. This leads to the aim of this study, which is to analyze what the determinants are of investor preference for sustainable investment strategy, and what the influence of investor financial sacrifice is on the preference for a specific sustainable investment strategy. Binary logistic regression indicates that on the research group the variables political preference, and expected return positively influence whether an investor prefers sustainable investment, while investment knowledge negatively influences this preference. In addition to this, the amount of money that investors are willing to sacrifice under the impact and ethical strategies is influential in determining which specific sustainable investment strategy an investor might prefer. This research contributes to the literature by further investigating determinants for investor's interest in sustainable investing. Additionally, it adds to the literature by diving into unexplored territory regarding the financial sacrifice that investors are willing to make under the premise that they invest with a specific sustainable strategy, adding insights to the existing body of knowledge in sustainable investing. |
| Item Type: | Essay (Master) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 85 business administration, organizational science |
| Programme: | Business Administration MSc (60644) |
| Link to this item: | https://purl.utwente.nl/essays/98270 |
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