Factors Influencing Socially Responsible Investment Behaviour among Institutional Investors in Malaysia

Socially responsible investments (SRI) have been gaining momentum since the beginning of the millennium. This phenomenon has attracted multiple assessments; however, there is still limited literature which examined SRI behaviour in Asia, including Malaysia using an integrated and validated model. Th...

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Bibliographic Details
Main Author: Abdullah Salim, Abdullah Sallehhuddin
Format: Thesis
Published: 2015
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Summary:Socially responsible investments (SRI) have been gaining momentum since the beginning of the millennium. This phenomenon has attracted multiple assessments; however, there is still limited literature which examined SRI behaviour in Asia, including Malaysia using an integrated and validated model. Therefore, this study aims to conceptualise and validate a model examining factors that influence intention and SRI behaviour. Using the Theory of Planned Behaviour (TPB) as a core theory, the research framework is extended with moral intensity – a component of the Issue-Contingent Model (ICM) and caring ethical climate – a component of the Ethical Climate Theory (ECT). The deployment of the extended TPB permits the simultaneous assessment of the influence of attitude, subjective norms, perceived behavioural control (personal factors), moral intensity (contextual/situational factor), and caring ethical climate (organisational factor) towards intention and SRI behaviour.