This paper examines the effect of startups' ESG characteristics on investors' decisions by employing an incentivized resume rating experiment with real US venture capitalists and matching investors with data on their involved deals. Investors need to evaluate multiple hypothetical startup...

The entrepreneurial financing process is essentially a two-sided matching process between investors and startups. This paper implements two symmetric incentivized resume rating (IRR) experiments with real US venture capitalists and US startup founders to elicit their preferences for potential...