Table 1.

Overview of the study variables, survey questions and coding

ClusterVariableQuestionMeasurement/coding
Dependent variableOwnership of financial product (list of five options)/Dummy: selected = 1; otherwise = 0
Control variables – socio-demographic characteristicsAgeQ1Continuous numerical variable
GenderQ2Dummy: Female = 1; Male = 0
Resp 1Q3Dummy: main responsible = 1; otherwise = 0
Resp 2Q4Ordinal variable (1–5)
Geographical areaQ5Categorical variable
EducationQ6Ordinal variable (1–10)
1 – ESG profileSustainability engagementQ7Dummy: Yes = 1; No = 0
Perceived effectivenessQ8Ordinal variable (1–5)
TrustQ9Ordinal variable (−1–1)
2 – Financial motivationsFinancial motivation (list of 8 options)Q10Dummy: selected among top three motivations = 1; otherwise = 0
LT horizonQ11Dummy: Yes = 1; No = 0
3 – AlternativenessAlternative investments (list of 3 options)Q12Dummy: selected = 1; otherwise = 0
4 – The role of financial advisorsAdvisor yearsQ13Ordinal variable (1–5)
Advisor frequencyQ14Ordinal variable (1–6)
Advisor relianceQ15Ordinal variable (1–5)
Info SIQ16Dummy: Yes = 1; No = 0
Info climate changeQ17Dummy: Yes = 1; No = 0
Note(s):

Questions (Qs) are reported in the Supplementary Material (S1)

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