Browsing by Subject "Emotions"

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Emotions and entrepreneurial finance: analysis of venture capitalists’ and business angels’ digital footprints on Twitter
(2024) Kaiser, Manuel; Kuckertz, Andreas; Kaiser, Manuel; Entrepreneurship Research Group, University of Hohenheim, Wollgrasweg 49, 70599, Stuttgart, Germany; Kuckertz, Andreas; Entrepreneurship Research Group, University of Hohenheim, Wollgrasweg 49, 70599, Stuttgart, Germany
Emotions are a central concept in previous entrepreneurship research, but this is mainly related to entrepreneurs and their entrepreneurial journey. However, venture capitalists (VCs) and business angels (BAs), two critical investors in the entrepreneurial finance literature, are essential actors in the entrepreneurial process. Still, little is known about investor emotions in this context. Therefore, in this study, we ask how venture capitalists differ from business angels in terms of their expressed emotions. To this end, we use an increasingly familiar research approach by examining the digital footprints of these investors on Twitter. For this purpose, we identify 822 investors from Crunchbase and analyze their 994,969 Tweets with Linguistic Inquiry and Word Count (LIWC) as a text analysis tool. Our results show that venture capitalists display more positive emotions on Twitter than angel investors, meaning that we find an association between VCs and emotional tone. Furthermore, in our post-hoc analysis, we explore further explanations for the differences between VC and BA. In doing so, we show differences in their expressed cognitive processes as well as in their communicated drivers. In both concepts, we find positive associations with the investor type of VC. To conclude this paper, we develop implications for practice and further research based on the results.
Gender inequality and cultural values in explaining gender differences in positive and negative emotions: a comparison of 24 countries during the COVID-19 pandemic
(2025) Wollast, Robin; Lüders, Adrian; Nugier, Armelle; Guimond, Serge; Phillips, Joseph B.; Sutton, Robbie M.; Douglas, Karen M.; Sengupta, Nikhil K.; Lemay, Edward P.; Zand, Somayeh; Van Lissa, Caspar J.; Bélanger, Jocelyn J.; Abakoumkin, Georgios; Khaiyom, Jamilah Hanum Abdul; Agostini, Maximilian; Ahmedi, Vjollca; Almenara, Carlos A.; Atta, Mohsin; Bagci, Sabahat C.; Bernardo, Allan B. I.; Choi, Hoon-Seok; Cristea, Mioara; Danyliuk, Ivan; Enea, Violeta; Fisher, Alexandra N.; Gómez, Angel; Greiff, Samuel; Gützkow, Ben; Hamaidia, Ali; Han, Qing; Hudiyana, Joevarian; Jeronimus, Bertus F.; Jiang, Ding-Yu; Jovanović, Veljko; Kende, Anna; Keng, Shian-Ling; Koc, Yasin; Kovyazina, Kamila; Kreienkamp, Jannis; Kurapov, Anton; Lantos, Nora Anna; Jaya Lesmana, Cokorda Bagus; Malik, Najma I.; Martinez, Anton P.; McCabe, Kira O.; Milla, Mirra N.; Molinario, Erica; Moyano, Manuel; Muhammad, Hayat; Mula, Silvana; Myroniuk, Solomiia; Nisa, Claudia; Nyúl, Boglárka; O’Keefe, Paul A.; Osuna, Jose Javier Olivas; Osin, Evgeny N.; Park, Joonha; Pierro, Antonio; Rees, Jonas; Reitsema, Anne Margit; Rullo, Marika; Ryan, Michelle K.; Samekin, Adil; Schumpe, Birga M.; Selim, Heyla A.; Stanton, Michael V.; Tseliou, Eleftheria; vanDellen, Michelle; Vázquez, Alexandra; Weaving, Morgan; Yahiiaiev, Illia; Yeung, Victoria W. L.; Zheng, Bang; Zúñiga, Claudia; Leander, N. Pontus
The coronavirus pandemic posed a major challenge to mental health. Existing evidence shows that COVID-19 is related to poor emotional well-being, particularly among women. However, most work on the subject uses single-country samples, limiting the ability to generalize the disparity or explain it as a function of societal variables. The present study investigates the expression of positive and negative emotions during the pandemic as a function of gender and across 24 countries (N = 49,637). Strong gender differences emerged across countries, with women reporting more negative emotions (anxious, depressed, nervous, exhausted) and less positive emotions (calm, content, relaxed, energetic) than men. The gender gap in positive emotions was significantly wider in countries higher in individualism and narrower in countries higher in power distance. For instance, differences in emotions were larger in Western countries high in individualism, such as the USA, the UK, Italy, and France, and smaller in countries with higher collectivism and power distance, such as China, Malaysia, and South Korea, with a few exceptions like Japan and Brazil. These gender differences across countries were not explained by country-level gender inequalities indicators (GGGI and GII). Interestingly, the national severity of the pandemic, an epidemiological factor, reduced gender differences in positive emotions. These results underscore the importance of considering cultural and national factors when assessing gender differences in well-being.