Brooke Harrington Publishes: POP金融——投资俱乐部与新人民投资主义

09.06.2011

Pop Finance

内容简介
20世纪90年代,美国经历了戏剧性的转变:股票投资突破了社会精英的特权领域,变成了一种人民大众的活动,半数以上的美国人涉足股票投资。《POP金 融》沿着新人民市场主义和投资俱乐部崛起和变化的轨迹,揭示了社会经济各行各业无数大众第一次成为投资者的情况。《POP金融》是这方面研究的第一部专 著,作者凭借对投资俱乐部的长期观察,以及进行的深入访谈和收集的大量数据资料,分析了人民大众参与投资活动的起因和影响。
 
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 annually 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.
Brooke Harrington is Associate professor at the Department of Business and Politics, Copenhagen Business School.
 





Last updated by Mette Grue Nielsen 14/06/2011