IDEAS home Printed from https://ideas.repec.org/a/bhx/ijecop/v3y2023i1p75-84id1451.html
   My bibliography  Save this article

Investing for More than Just Money: The Non-Utilitarian Benefits of Investments

Author

Listed:
  • Gitonga Celestine Gatabi
  • Michael Musyoka Muema
  • Oreko Nyakoi Godfrey
  • Ibrahim Tirimba Ondabu

Abstract

Purpose: This article aimed to identify the psychological, social, environmental and ethical benefits of investments. Methodology: A total of 82 articles that were initially picked for this study, 30 articles were however selected and critically scrutinized to yield this review article. Findings: The review findings reveal that investments can have a significant impact on investors' well-being and highlight the importance of considering these benefits in investment decision-making processes. Unique contribution to theory, practice and policy: One limitation of the existing studies is that they are often based on self-reported data, which may be subject to bias or social desirability effects. This research describes new paradigms to the additional benefits of investments, in addition to the famous monetary gains such as the psychological, social, environmental and ethical benefits. Understanding these trade-offs can help investors make more informed decisions about their investment strategies.

Suggested Citation

  • Gitonga Celestine Gatabi & Michael Musyoka Muema & Oreko Nyakoi Godfrey & Ibrahim Tirimba Ondabu, 2023. "Investing for More than Just Money: The Non-Utilitarian Benefits of Investments," International Journal of Economic Policy, CARI Journals Limited, vol. 3(1), pages 75-84.
    • Handle: RePEc:bhx:ijecop:v:3:y:2023:i:1:p:75-84:id:1451
    as

    Download full text from publisher

    File URL: https://www.carijournals.org/journals/index.php/IJECOP/article/view/1451/1781
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bhx:ijecop:v:3:y:2023:i:1:p:75-84:id:1451. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chief Editor (email available below). General contact details of provider: https://www.carijournals.org/journals/index.php/IJECOP/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.