Understanding financial intermediaries' hesitation about socially responsible investing

Risi, David (2017). Understanding financial intermediaries' hesitation about socially responsible investing Academy of Management Proceedings, 2017(1), p. 10331. 10.5465/AMBPP.2017.10331abstract

Full text not available from this repository. (Request a copy)

Despite a strong demand for Socially Responsible Investing (SRI) and scientific evidence that responsible investing can outperform conventional investments, financial intermediaries are hesitant about SRI. Through an institutional logics lens, this research inductively investigates what hinders the adoption of SRI within intermediaries. Based on interviews with representatives from Swiss banks and insurance firms, the comparative study shows that while short-term orientation tends to complicate SRI, long-termism generally furthers SRI. The findings contribute to the SRI and the institutional logics literature: First, time helps to understand differences in SRI adoption and gives new insights into the feasibility of SRI. Second, the research explains how time shapes the conflict between different institutional logics within organizations.

Item Type:	Journal Article (Original Article)
Division/Institute:	Business School > Institute for Innovation and Strategic Entrepreneurship Business School > Institute for Sustainable Business
Name:	Risi, David0000-0003-1652-8806
ISSN:	0065-0668
Language:	English
Submitter:	David Risi
Date Deposited:	06 Oct 2020 07:07
Last Modified:	18 Jul 2023 21:46
Publisher DOI:	10.5465/AMBPP.2017.10331abstract
Uncontrolled Keywords:	institutional logics, socially responsible investing (SRI), time
URI:	https://arbor.bfh.ch/id/eprint/13012