Identifying criteria of ethical investment: the moderating role of religiousity in investment decision

Social Responsibility Investment (SRI) or ethical investment and Islamic finance are investment process that considered social, ethical, and environmental issues into considerations before making investment decision. However, to there are limited studies on the ethical investment in particular the...

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Bibliographic Details
Main Author: Mohd Amir Masmud
Format: Thesis
Language:English
Published: 2016
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/16853/1/Identifying%20criteria%20of%20ethical.pdf
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Summary:Social Responsibility Investment (SRI) or ethical investment and Islamic finance are investment process that considered social, ethical, and environmental issues into considerations before making investment decision. However, to there are limited studies on the ethical investment in particular the factors influencing investor to invest in SRI and Islamic investment. Hence, this study investigated what are the factors that attract people to invest in ethical investments as well as to identify the unique attributes of ethical investment from the investor's perspectives. Questionnaires were prepared in this study for ethical investor. A total of 285 surveys were collected in the current study. Data were collected in Kota Kinabalu, Sabah. The data were analyzed using various statistical analyses, such as descriptive analysis, factor analysis, reliability analysis, and structural equation model. The study findings demonstrated religiosity as the moderator has mediate social factor, personal factor and literacy factor to significantly influenced investment decision of ethical investor. However, the financial factor is not significant with investment decision of ethical investor