Social Responsibility Investments in Lebanon

Authors

  • Sally Ziad Alkees Doctoral School of Law, Political sciences and Business administration, Lebanese University, Beirut, Lebanon
  • Pr Latifa Ghalayini Faculty of Economic sciences and Business Administration, Lebanese university , Beirut, Lebanon

Keywords:

Social responsibility investments, corporate social investments, Competitive Financial returns, Positive Social impact, Humble geographical areas

Abstract

The majority of people having excess in their wealth prefers the concept of “Giving back” to their society, in order to support various social concerns. From one side; the golden goal of investors is obtaining profits and maximizing their wealth, from the other side donating a part from this excess wealth to the society in return is considered essential. However, these two main concepts were mutually exclusive but with time and with the innovations occurring in the financial markets, merging them becomes a necessity. These kinds of innovations were known mainly by “Social responsibility Investments-SRI”. The purpose of this paper is to investigate the factors effecting Social Responsibility investments in Lebanon theoretically and empirically. The empirical study focuses on a sample of Lebanese individual investors from different regions all across Lebanon; 211 respondents are analyzed with SPSS software to develop a factor analyses and Regression model. Findings prove that Social Responsibility Investments are still in the beginnings, where Lebanese individual investors tend to seek high profits regardless the investment field in addition to that ,spreading the concept of SRI in humble geographical areas appears to very necessary for enhancing such kinds of investments in Lebanon.

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Published

2020-08-19

How to Cite

Alkees , S. Z. ., & Ghalayini , P. L. . (2020). Social Responsibility Investments in Lebanon. International Journal of Sciences: Basic and Applied Research (IJSBAR), 53(2), 211–229. Retrieved from https://gssrr.org/index.php/JournalOfBasicAndApplied/article/view/11513

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