Informal Investors in Chile: An Exploratory Study from a Gender Perspective

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dc.contributor.authorRomani, Gianni
dc.contributor.authorAtienza, Miguel
dc.contributor.authorAmorós, José Ernesto
dc.date.accessioned2016-11-21T22:03:24Z
dc.date.available2016-11-21T22:03:24Z
dc.date.issued2012
dc.description.abstractInformal investment represents one of the main sources to finance early-stage new ventures. Despite the progressive participation of women in informal investment, little is known about the characteristics of female informal investors, especially in developing countries. This study examines the gender differences of a sample of 613 informal investors in Chile. To this end we used the database from the Global Entrepreneurship Monitor Chile 2007-2008 and applied tests of differences in proportions and means for independent samples. The results show that there are significant gender differences in some socio-demographic variables, like education and work status, and also in the perception of good opportunities and the fear to failure. Additionally, women invest smaller amounts and expect lower returns than men do. Finally, women invest more than men in close family. Policy implications of these results are discussed.
dc.identifier.citationJournal of Business Economics and Management, 2012, vol. 13, n° 1, p. 111-131
dc.identifier.urihttp://hdl.handle.net/11447/843
dc.identifier.urihttp://dx.doi.org/10.3846/16111699.2011.620141
dc.language.isoen_US
dc.subjectInformal investors
dc.subjectChile
dc.subjectGender
dc.subjectFinancing
dc.subjectGlobal Entrepreneurship Monitor
dc.titleInformal Investors in Chile: An Exploratory Study from a Gender Perspective
dc.typeArtículo

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