The Impact of Proactive Decision-Making on the Sustainable Investing Behaviour of Individuals
Nikkinen, Iikka (2023)
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2023091625890
https://urn.fi/URN:NBN:fi:amk-2023091625890
Tiivistelmä
Proactive decision-making is a recently developed concept, which has been shown to have positive benefits on individuals. This study was a part of a broader research in investigating the financial consequences of proactive decision-making at MCI The Entrepreneurial School® University of Applied Sciences in Innsbruck, Austria. Therefore, this study follows the academic guidelines used at MCI. The thesis is written according to the regulations of the APA Publication Manual (7th edition) and the MCI standards.
This study aimed to further validate the concept by investigating its effects on one of behavioural finances current developments, sustainable investing behaviour. To create meaningful comparisons, the effect of financial literacy was also measured against sustainable investing behaviour. Despite the critical role that sustainable investment may play in changing financial mar- kets to a more sustainable direction, our knowledge of practical measures to stimulate sustain- able investment behaviour is currently inadequate.
Participants (N = 155) answered an online questionnaire during the spring of 2023. Results of the questionnaire were analysed using a quantitative research method. One implication of this research is that the lack of unison academic definition for sustainable investing might cause confusion in individuals. However, the results of this study were inconclusive and further research in the topic is necessary since sustainable investing play an important role in the future of transforming the financial markets to a more sustainable way.
This study aimed to further validate the concept by investigating its effects on one of behavioural finances current developments, sustainable investing behaviour. To create meaningful comparisons, the effect of financial literacy was also measured against sustainable investing behaviour. Despite the critical role that sustainable investment may play in changing financial mar- kets to a more sustainable direction, our knowledge of practical measures to stimulate sustain- able investment behaviour is currently inadequate.
Participants (N = 155) answered an online questionnaire during the spring of 2023. Results of the questionnaire were analysed using a quantitative research method. One implication of this research is that the lack of unison academic definition for sustainable investing might cause confusion in individuals. However, the results of this study were inconclusive and further research in the topic is necessary since sustainable investing play an important role in the future of transforming the financial markets to a more sustainable way.