Business Model of Sustainable Robo-Advisors: Empirical Insights
for Practical Implementation

J 2021

Business Model of Sustainable Robo-Advisors: Empirical Insights for Practical Implementation

AU, Cam-Duc; Lars KLINGENBERGER; Martin SVOBODA a Eric FRÉRE

Základní údaje

Originální název

Business Model of Sustainable Robo-Advisors: Empirical Insights for Practical Implementation

Autoři

AU, Cam-Duc; Lars KLINGENBERGER; Martin SVOBODA a Eric FRÉRE

Vydání

Sustainability, Basel, Switzerland, Multidisciplinary Digital Publishing Institute (MDPI), 2021, 2071-1050

Další údaje

Jazyk

angličtina

Typ výsledku

Článek v odborném periodiku

Obor

50206 Finance

Stát vydavatele

Švýcarsko

Utajení

není předmětem státního či obchodního tajemství

Odkazy

Link to file

Impakt faktor

Impact factor: 3.889

Označené pro přenos do RIV

Ano

Kód RIV

RIV/00216224:14560/21:00123085

Organizační jednotka

Ekonomicko-správní fakulta

Klíčová slova anglicky

Robo-Advisory; Asset Management; Digital Assets; Porfolio Management; Sustainability

Štítky

Asset Management, Banking, Digital Assets, digitization, financial innovation, Robo-Advisory

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 8. 3. 2024 12:44, Mgr. Pavlína Kurková

Anotace

V originále

The given research paper examines the characteristics of German private investors regarding the probability of using robo-advisory-services. The used data set was gathered for this purpose (N = 305) to address the research question by using a logistic regression approach. The presented logit regression model results indicate that the awareness of sustainable aspects make a significant difference in the probability of using a sustainable robo-service. Additionally, our findings show that being male and cost-aware are positively associated with the use of a sustainable robo-advisor. Furthermore, the probability of use is 1.53 times higher among young and experienced investors. The findings in this paper provide relevant research findings for banks, asset managers, FinTechs, policy makers and financial practitioners to increase the adoption rate of robo-advice by introducing a sustainable offering.

Přiložené soubory

sustainability-13-13009.pdf

Citovat

AU, Cam-Duc; Lars KLINGENBERGER; Martin SVOBODA a Eric FRÉRE. Business Model of Sustainable Robo-Advisors: Empirical Insights for Practical Implementation. Sustainability. Basel, Switzerland: Multidisciplinary Digital Publishing Institute (MDPI), 2021, roč. 13, č. 23, s. 1-12. ISSN 2071-1050. Dostupné z: https://doi.org/10.3390/su132313009.

@article{1806742,
   author = {Au, CamandDuc and Klingenberger, Lars and Svoboda, Martin and Frére, Eric},
   article_location = {Basel, Switzerland},
   article_number = {23},
   doi = {https://doi.org/10.3390/su132313009},
   keywords = {Robo-Advisory; Asset Management; Digital Assets; Porfolio Management; Sustainability},
   language = {eng},
   issn = {2071-1050},
   journal = {Sustainability},
   title = {Business Model of Sustainable Robo-Advisors: Empirical Insights for Practical Implementation},
   url = {https://www.mdpi.com/2071-1050/13/23/13009},
   volume = {13},
   year = {2021}
}

TY  - JOUR
ID  - 1806742
AU  - Au, Cam-Duc - Klingenberger, Lars - Svoboda, Martin - Frére, Eric
PY  - 2021
TI  - Business Model of Sustainable Robo-Advisors: Empirical Insights for Practical Implementation
JF  - Sustainability
VL  - 13
IS  - 23
SP  - 1-12
EP  - 1-12
PB  - Multidisciplinary Digital Publishing Institute (MDPI)
SN  - 20711050
KW  - Robo-Advisory
KW  - Asset Management
KW  - Digital Assets
KW  - Porfolio Management
KW  - Sustainability
UR  - https://www.mdpi.com/2071-1050/13/23/13009
N2  - The given research paper examines the characteristics of German private investors regarding the probability of using robo-advisory-services. The used data set was gathered for this purpose (N = 305) to address the research question by using a logistic regression approach. The presented logit regression model results indicate that the awareness of sustainable aspects make a significant difference in the probability of using a sustainable robo-service. Additionally, our findings show that being male and cost-aware are positively associated with the use of a sustainable robo-advisor. Furthermore, the probability of use is 1.53 times higher among young and experienced investors. The findings in this paper provide relevant research findings for banks, asset managers, FinTechs, policy makers and financial practitioners to increase the adoption rate of robo-advice by introducing a sustainable offering.
ER  -

AU, Cam-Duc; Lars KLINGENBERGER; Martin SVOBODA a Eric FRÉRE. Business Model of Sustainable Robo-Advisors: Empirical Insights for Practical Implementation. \textit{Sustainability}. Basel, Switzerland: Multidisciplinary Digital Publishing Institute (MDPI), 2021, roč.~13, č.~23, s.~1-12. ISSN~2071-1050. Dostupné z: https://doi.org/10.3390/su132313009.

Přehled o publikaci