Sensitivity of socially responsible investment behaviour to gender


Talha, Mohammad and Abdullah Salim, Abdullah Sallehhuddin and Ismail, Hishamuddin and Anantharaman, Reddiyoor Narayanaswamy (2016) Sensitivity of socially responsible investment behaviour to gender. International Business Management, 14 (3). pp. 1587-1604. ISSN 1993-5250

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The literature on influence of gender on SRI behaviour has long been dominated by a direct path assessment, limited to individual investors, and occupied by developed financial and capital market findings. This study intends to move beyond these boundaries by examining the moderating effect of gender towards SRI behaviour among female and male fund managers in one of the emerging economics. It involved 229 institutional investors in Malaysia. A total of 1,145 questionnaires were distributed. Out of these, 308,representing a usable rate of 26.9%, were found fit for data analysis. Utilising multi-group analysis via AMOS, this study found evidence for the presence of moderating effect by gender factor in SRI behaviour. At intentional level, gender isa significant moderator in the relationship between attitudes, subjective norms, and perceived behavioural controlwith intention among female fund managers. Besides, gender is a significant moderator in the relationship between caring ethical climateand intention among male fund managers. At behavioural level, the results weredifferent, as gender factor is a significant moderator in the relationship between moral intensityand SRI behaviour among female fund managers, while it is also a significant moderator in the relationship between intention and SRI behaviour among male fund managers. The outcomes are expected to benefit multiple stakeholders who have interest in the progress of SRI as a tool to further enhance ESG well-being in our society. Nevertheless, the outcomes are limited with a few factors, and it is a hope that future studies shall address those limitations.

Item Type: Article
Uncontrolled Keywords: Socially responsible investment behaviour, gender, institutional investors, environmental, social & governance/ethical (ESG) criteria
Subjects: H Social Sciences > HM Sociology
Divisions: Faculty of Business (FOB)
Faculty of Management (FOM)
Depositing User: Ms Rosnani Abd Wahab
Date Deposited: 20 Oct 2020 21:18
Last Modified: 20 Oct 2020 21:18


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