Putting Their Money Where Their Mouth Is

Do politicians “ put their money where their mouth is ? ” Ideology and portfolio choice . ∗

To investigate how political tastes influence portfolio decisions, we exploit the mandatory disclosure of equity holdings made by U.S. Congress members and a continuous measure of ideology based on their voting records. By doing so, we address methodological issues facing the literature on political tastes and investment decisions. We find that politicians with similar beliefs hold similar equi...

“putting Your Money Where Your Mouth Is” – Information Elicitation Mechanism Design When Agents Privately Know Their Quality of Information

Aggregating dispersed information can produce extremely accurate predictions. When organizational structures are decentralized and/or the information needed to generate good forecasts is highly dispersed, the transaction and agency costs of collecting information increase significantly. The increased speed of modern information technologies opens the possibility of designing more efficient info...

Put your money where your mouth is.

'Putting Your Money Where Your Mouth Is' A Profile of Ethical Investors

This research sought to determine why people chose to invest in Earth Sanctuaries Limited (ESL), which conserves ecosystems and breeds endangered species as its corporate mission, an unequivocally ethical objective. Investors were surveyed to assess the relative importance of financial versus ecological considerations. Demographic and investor behavior attributes o f ESL shareholders were compa...

Putting Money Where the Mouths Are: The Relation Between Venture Financing and Electronic Word-of-Mouth

E xternal financing is critical to ventures that do not have a revenue source but need to recruit employees, develop products, pay suppliers, and market their products/services. There is an increasing belief among entrepreneurs that electronic word-of-mouth (eWOM), specifically blog coverage, can aid in achieving venture capital financing. Conflicting findings reported by past studies examining...