Inese Mav?utova|Andris Fomins|Aivars Spilbergs|Dzintra Atst?ja|J?nis Brizga
Opportunities to Increase Financial Well-Being by Investing in Environmental, Social and Governance with Respect to Improving Financial Literacy under COVID-19: The Case of Latvia
BA School of Business and Finance|BA School of Business and Finance|BA School of Business and Finance|BA School of Business and Finance|University of Liep?ja|University of Liep?ja|University of Latvia
latest studies reveal covid19 pandemic pushed investors developed economies focus value attached environmental social responsibilities unfortunately socially responsible investment compliance environmental social governance criteria given enough priority latvia present purpose study investigate covid19 pandemic influenced willingness latvians invest assets meet environmental social governance esg criteria factors influencing investors choice based financial literacy different views sustainable investments socially responsible investments relevance environmental social governance criteria private investors perspectives analyzed identify factors influencing investment decisions favour sustainable investments quantitative analysis carried reveal regularities financial literacy willingness invest meet esg criteria level education income latvian population well savingsinvestment experience statistical methods descriptive statistics hypothesis testing applied perform analysis results authors findings include importance sustainable investing latvian society changes attitude towards esg investing different private investors groups covid19 crisis effects changes financial wellbeing population basis findings come conclusion willingness invest assets follow environmental social governance criteria depends level education savingsinvestment experience income level