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Purpose: The purpose of this paper is to investigate the relationships between different types of team goal orientations (team learning orientation, team prove orientation and team avoid orientation) and team performance in new product development (NPD) and how these relationships are mediated...
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We investigate 1104 contracts traded on Tradesports' 2005 NFL prediction market. We find that liquidity as measured by bid-ask spread is around 2-4% of contract nominal value, and that lower bid-ask spreads are associated with higher volume. Price-takers' returns when trading 100 contracts...
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Interbank lending and borrowing occur when financial institutions seek to settle and refinance their mutual positions over time and circumstances. This interactive process involves money creation at the aggregate level. Coordination mismatch on interbank credit may trigger systemic crises. This...
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We propose a precise definition of greenwashing by mutual funds that combines ESG self-labels, sustainability scores of portfolio holdings, and funds' voting behavior. Armed with this definition, we are able to quantify the prevalence of greenwashing in the US mutual fund industry. Although self...
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