Investor’s Perception: Sustainable Development Through Investment Avenues in India
Keywords:
Sustainable Investment, Sustainable Development, Sustainable Development Goals (SDGs), PerceptionAbstract
The purpose of this study is to examine investors' attitudes on long-term investments in India. Using the snowball sampling technique, a questionnaire-based poll was undertaken to collect responses from 216 cryptocurrency investors. According to the study, investors' perceptions of risk and return on sustainable investments are influenced by demographic parameters such as age, educational qualification, and investment experience. It was also shown that the most important reason for investing in sustainable investments is the security of the investment and that energy conservation is an important criterion to consider before investing. According to the findings of this study, investors should place a greater emphasis on the importance of integrating sustainable development into the transition to a more responsible and sustainable financial system.
References
Akhtar, F., Thyagaraj, K. S., & Das, N. (2018). The impact of social influence on the relationship between personality traits and perceived investment performance of individual investors: Evidence from Indian stock market. International Journal of Managerial Finance, 14(1), 130–148. https://doi.org/10.1108/IJMF-05-2016-0102
Atif, M., Alam, M. S., & Hossain, M. (2020). Firm sustainable investment: Are female directors greener? Business Strategy and the Environment, 29(8), 3449–3469. https://doi.org/10.1002/bse.2588
Charles Rajesh Kumar, J., & Majid, M. A. (2020). Renewable energy for sustainable development in India: Current status, future prospects, challenges, employment, and investment opportunities. Energy, Sustainability and Society, 10(1), 1–36. https://doi.org/10.1186/s13705-019-0232-1
Cumming, D., & Johan, S. (2007). Socially responsible institutional investment in private equity. Journal of Business Ethics, 75(4), 395–416. https://doi.org/10.1007/s10551-006-9261-8
Escrig-Olmedo, E., Muñoz-Torres, M. J., & Fernández-Izquierdo, M. Á. (2013). Sustainable development and the financial system: Society’s perceptions about socially responsible investing. Business Strategy and the Environment, 22(6), 410–428. https://doi.org/10.1002/bse.1755
Hartzmark, S. M., & Sussman, A. B. (2019). Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows. Journal of Finance, 74(6), 2789–2837. https://doi.org/10.1111/jofi.12841
Jain, M., Sharma, G. D., & Srivastava, M. (2019). Can sustainable investment yield better financial returns: A comparative study of ESG indices and MSCI indices. Risks, 7(1). https://doi.org/10.3390/risks7010015
Journal, I., & Journal, U. G. C. L. (2018). Investors perceptions towards Mutual Funds : A Study among the selected House Holds from Coimbathore. 3085(11), 411–413.
Nadarajah, S., & Chu, J. (2017). On the inefficiency of Bitcoin. Economics Letters, 150, 6–9. https://doi.org/10.1016/j.econlet.2016.10.033
Narula, K. (2012). ‘Sustainable Investing’ via the FDI Route for Sustainable Development. Procedia - Social and Behavioral Sciences, 37, 15–30. https://doi.org/10.1016/j.sbspro.2012.03.271
Phillips, S. D., & Johnson, B. (2021). Inching to Impact: The Demand Side of Social Impact Investing. Journal of Business Ethics, 168(3), 615–629. https://doi.org/10.1007/s10551-019-04241-5
Riedl, A., & Smeets, P. (2017). Why Do Investors Hold Socially Responsible Mutual Funds? Journal of Finance, 72(6), 2505–2550. https://doi.org/10.1111/jofi.12547
Sciarelli, M., Cosimato, S., Landi, G., & Iandolo, F. (2021). Socially responsible investment strategies for the transition towards sustainable development: the importance of integrating and communicating ESG. TQM Journal, 33(7), 39–56. https://doi.org/10.1108/TQM-08-2020-0180
Sujith, T. S., Sumathy, M., & Anisha, T. (2019). Customer Perception Towards Mobile – Wallets Among Youth. International Journal for Scientific and Engineering Research, 10(3), 148–154.
Sumathy, M., & Mohammed Nabeel, K. (2020). A study on influence of behavioral factors on investment satisfaction of individual investors in kerala. International Journal of Scientific and Technology Research, 9(3), 4193–4198.
T S, S. (2017). Awarness of Green Marketing and Its Influence on Buying Behaviour of Consumers in Kerala. International Journal of Scientific Research and Management, 5(7). https://doi.org/10.18535/ijsrm/v5i7.43
Talan, G., & Sharma, G. D. (2019). Doing well by doing good: A systematic review and research agenda for sustainable investment. Sustainability (Switzerland), 11(2). https://doi.org/10.3390/su11020353
Yadav, S., Jawa, R., & Zamani, K. (2022). Sustainable Investment Versus Conventional Investment: a Study From Indian Stock Market During Covid-19 Pandemic. International Journal of Engineering Technologies and Management Research, 9(4), 63–77. https://doi.org/10.29121/ijetmr.v9.i4.2022.1137
Zhan, J. X., & Santos-Paulino, A. U. (2021). Investing in the Sustainable Development Goals: Mobilization, channeling, and impact. Journal of International Business Policy, 4(1), 166–183. https://doi.org/10.1057/s42214-020-00093-3
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 NIDA Development Journal
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
