Defining ethical investment and its demography in Australia

John Tippet, Philomena Leung

Research output: Contribution to journalArticlepeer-review

55 Citations (Scopus)

Abstract

While ethical investment is relatively new in Australia, it is a well defined phenomenon in the United States and United Kingdom, subject to variations in interpretation in its practical implementation. Characteristics of ethical investment decision-making suggest ethical investors may be demographically different from “ordinary” investors. This descriptive paper reports on a survey of equity investors in Australia, comparing the average investor and an ethical investor. The main findings are that there is evidence of a strong gender effect, with females predominating among ethical investors, and that these investors are relatively young, highly educated and possessing small portfolios.

Original languageEnglish
Pages (from-to)44-55
Number of pages12
JournalAustralian Accounting Review
Volume11
Issue number25
DOIs
Publication statusPublished - Nov 2001
Externally publishedYes

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