umu.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Socially responsible investments among parents and adult children
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
Umeå University, Faculty of Social Sciences, Umeå School of Business and Economics (USBE), Business Administration.
2020 (English)In: European Economic Review, ISSN 0014-2921, E-ISSN 1873-572X, Vol. 121, article id 103328Article in journal (Refereed) Published
Abstract [en]

Novel evidence is provided of a positive correlation between parents' and their children's socially responsible mutual fund investment behavior. Although captured parent-child correlations reflect contemporary relationships, they reveal potentially important insight into the origin of heterogeneity in individuals' prosocial behavior. Consistent with research on socialization, the results suggest an influence from both parents, stronger for mothers, and reinforced for parents both investing in socially responsible mutual funds. Parental resources during an individual's adolescence (financial and parental life experience) are further found to significantly explain individuals' adult prosocial investment behavior. The results are robust to conditioning on a number of alternative explanations.

Place, publisher, year, edition, pages
Elsevier, 2020. Vol. 121, article id 103328
Keywords [en]
Social preferences, Individual investor behavior, Sustainable Investing, Socially responsible mutual funds
National Category
Economics
Identifiers
URN: urn:nbn:se:umu:diva-168116DOI: 10.1016/j.euroecorev.2019.103328ISI: 000509788300007OAI: oai:DiVA.org:umu-168116DiVA, id: diva2:1395214
Available from: 2020-02-21 Created: 2020-02-21 Last updated: 2020-03-10Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full text

Authority records BETA

Hellström, JörgenLapanan, NichaOlsson, Rickard

Search in DiVA

By author/editor
Hellström, JörgenLapanan, NichaOlsson, Rickard
By organisation
Business Administration
In the same journal
European Economic Review
Economics

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 19 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf