IDEAS home Printed from https://ideas.repec.org/a/plo/pone00/0208813.html
   My bibliography  Save this article

Private-sector investor’s intention and motivation to invest in Land Degradation Neutrality

Author

Listed:
  • Tony Reyhanloo
  • Stefan Baumgärtner
  • Matthias Haeni
  • Simone Quatrini
  • Philippe Saner
  • Eike von Lindern

Abstract

Private-sector investors could be key players in combatting global land degradation and realising the emerging concept of Land Degradation Neutrality (LDN). To better understand how to incentivize private-sector investors for LDN, we conducted an online-survey of 68 private-sector investors. Structural equation modelling based on the theory of planned behavior was performed to investigate how cognitive, social, emotional, motivational and financial determinants influence their intention and motivation to invest in LDN. Good knowledge and a positive attitude towards both LDN and investing sustainably were found to be main predictors for intention. In contrast, perceived social pressure had little effect on the intention to invest towards combating land degradation. The general motivation to invest sustainably was mainly triggered by a consciousness for sustainability and emotional attachment, less by the desire for short-term profit maximisation whilst prospects of long-term financial return are important. Overall, strong homogeneity in psychological determinants was found for both traditional and impact investors. As the determinants of the intention and the motivation to invest sustainably do not substantially differ across different investor types, our study implies that investors should be targeted as a uniform group when mobilising interest for LDN. Emphasis should be placed on the psychological determinants traditional and impact investors commonly share, rather than on the type-specific characteristics that may distinguish different investor types.

Suggested Citation

  • Tony Reyhanloo & Stefan Baumgärtner & Matthias Haeni & Simone Quatrini & Philippe Saner & Eike von Lindern, 2018. "Private-sector investor’s intention and motivation to invest in Land Degradation Neutrality," PLOS ONE, Public Library of Science, vol. 13(12), pages 1-18, December.
    • Handle: RePEc:plo:pone00:0208813
    DOI: 10.1371/journal.pone.0208813
    as

    Download full text from publisher

    File URL: https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0208813
    Download Restriction: no
    File URL: https://journals.plos.org/plosone/article/file?id=10.1371/journal.pone.0208813&type=printable
    Download Restriction: no
    File URL: https://libkey.io/10.1371/journal.pone.0208813?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Sushil Bikhchandani & Sunil Sharma, 2001. "Herd Behavior in Financial Markets," IMF Staff Papers, Palgrave Macmillan, vol. 47(3), pages 1-1.
    2. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    3. Magnus Jansson & Anders Biel, 2011. "Motives to engage in sustainable investment: a comparison between institutional and private investors," Sustainable Development, John Wiley & Sons, Ltd., vol. 19(2), pages 135-142, March/Apr.
    4. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    5. Rosseel, Yves, 2012. "lavaan: An R Package for Structural Equation Modeling," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 48(i02).
    6. Huber, Laura Rosendahl & Sloof, Randolph & Van Praag, Mirjam, 2017. "The effect of incentives on sustainable behavior: evidence from a field experiment," Labour Economics, Elsevier, vol. 45(C), pages 92-106.
    7. Turner, Katrine Grace & Anderson, Sharolyn & Gonzales-Chang, Mauricio & Costanza, Robert & Courville, Sasha & Dalgaard, Tommy & Dominati, Estelle & Kubiszewski, Ida & Ogilvy, Sue & Porfirio, Luciana &, 2016. "A review of methods, data, and models to assess changes in the value of ecosystem services from land degradation and restoration," Ecological Modelling, Elsevier, vol. 319(C), pages 190-207.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Phu Nguyen-Van & Anne Stenger & Tuyen Tiet, 2021. "Social incentive factors in interventions promoting sustainable behaviors: A meta-analysis," PLOS ONE, Public Library of Science, vol. 16(12), pages 1-27, December.
    2. Shome, Samik & Hassan, M. Kabir & Verma, Sushma & Panigrahi, Tushar Ranjan, 2023. "Impact investment for sustainable development: A bibliometric analysis," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 770-800.
    3. Abbas, Hafiz Waqar & Guo, Xuesong & Anwar, Bilal & Naqvi, Syed Asif Ali & Shah, Syed Ale Raza, 2022. "The land degradation neutrality management enablers, challenges, and benefits for mobilizing private investments in Pakistan," Land Use Policy, Elsevier, vol. 120(C).
    4. Abu Elnasr E. Sobaih & Ibrahim A. Elshaer, 2023. "Risk-Taking, Financial Knowledge, and Risky Investment Intention: Expanding Theory of Planned Behavior Using a Moderating-Mediating Model," Mathematics, MDPI, vol. 11(2), pages 1-17, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Dang Vu, Hoai Nam & Nielsen, Martin Reinhardt, 2022. "Understanding determinants of the intention to buy rhino horn in Vietnam through the Theory of Planned Behaviour and the Theory of Interpersonal Behaviour," Ecological Economics, Elsevier, vol. 195(C).
    2. Sara Manca & Ferdinando Fornara, 2019. "Attitude Toward Sustainable Transport as a Function of Source and Argument Reliability and Anticipated Emotions," Sustainability, MDPI, vol. 11(12), pages 1-10, June.
    3. Sebastian Kurten & David Winant & Kathleen Beullens, 2021. "Mothers Matter: Using Regression Tree Algorithms to Predict Adolescents’ Sharing of Drunk References on Social Media," IJERPH, MDPI, vol. 18(21), pages 1-16, October.
    4. Jonathan Jan Pieters & Alinda Kokkinou & Ton Kollenburg, 2022. "Understanding Blockchain Technology Adoption by Non-experts: an Application of the Unified Theory of Acceptance and Use of Technology (UTAUT)," SN Operations Research Forum, Springer, vol. 3(1), pages 1-19, March.
    5. Stöckigt, Gerrit & Schiebener, Johannes & Brand, Matthias, 2018. "Providing sustainability information in shopping situations contributes to sustainable decision making: An empirical study with choice-based conjoint analyses," Journal of Retailing and Consumer Services, Elsevier, vol. 43(C), pages 188-199.
    6. Bouscasse, H. & Bonnel, P., 2016. "Socio-psychological determinants of mode choice habits," Working Papers 2016-05, Grenoble Applied Economics Laboratory (GAEL).
    7. Marjolein C. J. Caniëls & Wim Lambrechts & Johannes (Joost) Platje & Anna Motylska-Kuźma & Bartosz Fortuński, 2021. "50 Shades of Green: Insights into Personal Values and Worldviews as Drivers of Green Purchasing Intention, Behaviour, and Experience," Sustainability, MDPI, vol. 13(8), pages 1-18, April.
    8. Olawole Fawehinmi & M. Y. Yusliza & Wan Zulkifli Wan Kasim & Zaleha Mohamad & Muhammad Abi Sofian Abdul Halim, 2020. "Exploring the Interplay of Green Human Resource Management, Employee Green Behavior, and Personal Moral Norms," SAGE Open, , vol. 10(4), pages 21582440209, December.
    9. Mohammad Naushad, 2018. "A study on the antecedents of entrepreneurial intentions among Saudi students," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 5(3), pages 600-617, March.
    10. Richard Blaese & Schneider Noemi & Liebig Brigitte, 2021. "Should I Stay, or Should I Go? Job satisfaction as a moderating factor between outcome expectations and entrepreneurial intention among academics," International Entrepreneurship and Management Journal, Springer, vol. 17(3), pages 1357-1386, September.
    11. Lea Marie Heidbreder & Julia Steinhorst & Manfred Schmitt, 2020. "Plastic-Free July: An Experimental Study of Limiting and Promoting Factors in Encouraging a Reduction of Single-Use Plastic Consumption," Sustainability, MDPI, vol. 12(11), pages 1-23, June.
    12. Shneor, Rotem & Munim, Ziaul Haque, 2019. "Reward crowdfunding contribution as planned behaviour: An extended framework," Journal of Business Research, Elsevier, vol. 103(C), pages 56-70.
    13. Thanos Ioannou & Katerina Bazigou & Afroditi Katsigianni & Michalis Fotiadis & Christina Chroni & Thrassyvoulos Manios & Ioannis Daliakopoulos & Christos Tsompanidis & Eleni Michalodimitraki & Katia L, 2022. "The “A2UFood Training Kit”: Participatory Workshops to Minimize Food Loss and Waste," Sustainability, MDPI, vol. 14(4), pages 1-24, February.
    14. Hössinger, Reinhard & Peer, Stefanie & Juschten, Maria, 2023. "Give citizens a task: An innovative tool to compose policy bundles that reach the climate goal," Transportation Research Part A: Policy and Practice, Elsevier, vol. 173(C).
    15. Elliot, Thomas & Bertrand, Alexandre & Babí Almenar, Javier & Petucco, Claudio & Proença, Vânia & Rugani, Benedetto, 2019. "Spatial optimisation of urban ecosystem services through integrated participatory and multi-objective integer linear programming," Ecological Modelling, Elsevier, vol. 409(C), pages 1-1.
    16. Aleksandra Kowalska & Monika Ratajczyk & Louise Manning & Milena Bieniek & Radosław Mącik, 2021. "“Young and Green” a Study of Consumers’ Perceptions and Reported Purchasing Behaviour towards Organic Food in Poland and the United Kingdom," Sustainability, MDPI, vol. 13(23), pages 1-23, November.
    17. Joana Gonçalves & Ricardo Mateus & José Dinis Silvestre & Ana Pereira Roders, 2020. "Going beyond Good Intentions for the Sustainable Conservation of Built Heritage: A Systematic Literature Review," Sustainability, MDPI, vol. 12(22), pages 1-28, November.
    18. Leonidou, Leonidas C. & Eteokleous, Pantelitsa P. & Christofi, Anna-Maria & Korfiatis, Nikolaos, 2022. "Drivers, outcomes, and moderators of consumer intention to buy organic goods: Meta-analysis, implications, and future agenda," Journal of Business Research, Elsevier, vol. 151(C), pages 339-354.
    19. Ling Xu & Jianghua Liu, 2020. "The Turnover Intention among Grassroots Family Planning Staff in the Context of China’s Universal Two-Child Policy: A Case Study of the Xi’an City," IJERPH, MDPI, vol. 17(22), pages 1-18, November.
    20. Subburaj Alagarsamy & Sangeeta Mehrolia & Sonia Mathew, 2021. "How Green Consumption Value Affects Green Consumer Behaviour: The Mediating Role of Consumer Attitudes Towards Sustainable Food Logistics Practices," Vision, , vol. 25(1), pages 65-76, March.

    More about this item

    Statistics

    Access and download statistics

    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:plo:pone00:0208813. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: plosone (email available below). General contact details of provider: https://journals.plos.org/plosone/ .

    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.