IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-04717594.html
   My bibliography  Save this paper

Like daughter, like father: Female socialization and green equity investment

Author

Listed:
  • Fabrice Hervé

    (CREGO - Centre de Recherche en Gestion des Organisations - Université de Haute-Alsace (UHA) - Université de Haute-Alsace (UHA) Mulhouse - Colmar - UB - Université de Bourgogne - UBFC - Université Bourgogne Franche-Comté [COMUE] - UFC - Université de Franche-Comté - UBFC - Université Bourgogne Franche-Comté [COMUE])

  • Sylvain Marsat

    (CleRMa - Clermont Recherche Management - ESC Clermont-Ferrand - École Supérieure de Commerce (ESC) - Clermont-Ferrand - UCA - Université Clermont Auvergne)

Abstract

Are parents' decisions to invest in green equity funds influenced by their daughters? According to the recent literature on female socialization, parenting a daughter is expected to have a positive impact on parents' investment in green equity funds. Based on an original survey among 2,288 French investors, we validate the female socialization in a retail investment context. Raising a daughter increases the likelihood of investing in green equity funds by about 3.87 percent on average. Consistent with the female socialization hypothesis, this effect only stands for male parent investors, when daughters are still in the household and is not significant for separated fathers. Moreover, the amount invested is also significantly influenced by being a parent of a daughter. Our results support the need to better consider the influence of family members in investment in household finance decision-making and the side effects of education on environmental issues.

Suggested Citation

  • Fabrice Hervé & Sylvain Marsat, 2024. "Like daughter, like father: Female socialization and green equity investment," Post-Print hal-04717594, HAL.
    • Handle: RePEc:hal:journl:hal-04717594
    DOI: 10.1016/j.irfa.2024.103627
    Note: View the original document on HAL open archive server: https://hal.science/hal-04717594v1
    as

    Download full text from publisher

    File URL: https://hal.science/hal-04717594v1/document
    Download Restriction: no
    File URL: https://libkey.io/10.1016/j.irfa.2024.103627?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
    ---><---

    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:hal:journl:hal-04717594. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.