Journal of Social Commerce
Vol. 2 No. 4 (2022): Journal of Social Commerce

Preferences of Gen Z for Investing in Socially Accountable Funds

Devanshi Dave (Research Scholar, Ganpat University, India)
Abhishek Parikh (Professor and Head, GUNI-FMS-VMPCMS)



Article Info

Publish Date
23 Dec 2022

Abstract

Socially accountable fund (SAF) in India continues to be a fresh investment approach for its investors and socially accounted business. It is a funding that considers social justice, environmental sustainability, in addition to the incorporation of moral materials of enterprise and trade. This paper tries to determine factors influencing ‘Generation Z`s’ (Gen-Z) preference to invest in socially accountable funds. The ‘Theory of Planned behaviour (TPB)’’ focuses on symbolize attitude, subjective norms, and perceived behavioural management by the investors. These factors are included to take a look at how those variables sequentially affect the adoption of socially accountable funding. More importantly, socially accountable consumption, in addition to perceived ethical duty also are protected making use of growing a prolonged idea of deliberate conduct studies framework. The statistics become amassed thru a survey, using a self-administered questionnaire the usage of a ‘6-factor Likert Scale’ amid 287 respondents in Gujarat. All the hypothesis are supported by the findings, besides for the connection among subjective norms and the adoption of socially accountable funding (SAF). The findings offer beneficial facts to the vendors of funding merchandise and services, in particular in increasing their marketplace in the direction of selling socially accountable funding, especially amongst Gen-Z.

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Journal Info

Abbrev

jommerce

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Social Commerce with ISSN 2809-9303 (Online) and 2809-929X (Print) is an international journal published by Celebes Scholar pg. The Journal of Social Commerce aims at providing platform for scholars, researchers, practitioners, professors, and students to publish their literary work in ...