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008 070831s2008 njua sb 001 0 eng d
010 _z 2007036121
020 _z9780691128320 (hardcover : alk. paper)
035 _a(CaPaEBR)ebr10312614
035 _a(OCoLC)432429097
040 _aCaPaEBR
_cCaPaEBR
043 _an-us---
050 1 4 _aHG4532
_b.H37 2008eb
082 0 4 _a332.63/22068
_222
100 1 _aHarrington, Brooke,
_d1968-
245 1 0 _aPop finance
_h[electronic resource] :
_binvestment clubs and the new investor populism /
_cBrooke Harrington.
260 _aPrinceton, N.J. :
_bPrinceton University Press,
_cc2008.
300 _axii, 242 p. :
_bill.
504 _aIncludes bibliographical references (p. [215]-230) and index.
505 0 _asection 1. Investment clubs and the "ownership society" -- section 2. Cash and social currency: performance in investment clubs -- section 3. Aftermath and implications.
520 _a"During the 1990s, the United States underwent a dramatic transformation: investing in stocks, once the province of a privileged elite, became a mass activity involving more than half of Americans. Pop Finance follows the trajectory of this new market populism via the rise of investment clubs, through which millions of people across the socioeconomic spectrum became investors for the first time. As sociologist Brooke Harrington shows, these new investors pour billions of dollars into the U.S. stock market and hold significant positions in some of the nation's largest firms. Drawing upon Harrington's long-term observation of investment clubs, along with in-depth interviews and extensive survey data, Pop Finance is the first book to examine the origins and impact of this mass engagement in investing." "One of Harrington's most intriguing findings is that gender-based differences in investing can create a "diversity premium" - groups of men and women together are more profitable than single-sex groups. In examining the sources of this effect, she delves into the interpersonal dynamics that distinguish effective decision-making groups from their dysfunctional counterparts." "In addition, Harrington shows that most Americans approach investing not only to make a profit but also to make a statement. In effect, portfolios have become like consumer products, serving both utilitarian and social ends. This ties into the growth of socially responsible investing and shareholder activism - matters relevant not only to social scientists but also to corporate leaders, policymakers, and the millions of Americans planning for retirement."--BOOK JACKET.
533 _aElectronic reproduction.
_bPalo Alto, Calif. :
_cebrary,
_d2013.
_nAvailable via World Wide Web.
_nAccess may be limited to ebrary affiliated libraries.
650 0 _aInvestment clubs
_zUnited States.
650 0 _aInvestments
_xSocial aspects
_zUnited States.
655 7 _aElectronic books.
_2local
710 2 _aebrary, Inc.
856 4 0 _uhttp://site.ebrary.com/lib/daystar/Doc?id=10312614
_zAn electronic book accessible through the World Wide Web; click to view
908 _a170314
942 0 0 _cEB
999 _c100150
_d100150