0000000000918543

AUTHOR

Armin Schwienbacher

showing 2 related works from this author

The impact of Gender and Local Environment on Equity and Real Estate Crowdfunding

2016

International audience

Gender[SHS.GESTION]Humanities and Social Sciences/Business administration[SHS.GESTION] Humanities and Social Sciences/Business administration[ SHS.GESTION ] Humanities and Social Sciences/Business administrationCrowdfundingComputingMilieux_MISCELLANEOUS
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Investor Motivations in Investment-Based Crowdfunding

2017

International audience; We investigate determinants of investment decisions in investment-based (equity and real estate) crowdfunding, using a novel investment-, investor- and campaign-level database. We find that this market is a man’s world, with nearly 93% of investments made by men. We find that women invest less in the riskiest investments but more in safer ones. These findings are better explained by differences in risk aversion than differences in overconfidence between men and women. Investors located in an area considered more "sociable" (socially friendly) also invest more, but only if the investor is a woman. Overall, the findings contribute to our understanding of how investment…

Venture[SHS.GESTION]Humanities and Social Sciences/Business administrationEquity CrowdfundingEntrepreneurial finance[SHS.GESTION] Humanities and Social Sciences/Business administrationCrowdfunding[ SHS.GESTION ] Humanities and Social Sciences/Business administration
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