Published 2025-06-01
“…Using the Hunt-Vitell model, this study examines how ethical considerations (ethical sensitivity, perceived utilitarian value as a proxy for ethical egoism, and social investing efficacy reflecting utilitarianism) influence Indonesian retail investors' ethical judgment and decision to invest in sustainable government
bonds. Data were collected from 511 Indonesian individual capital market investors and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). …”
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