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-3.09119010818884E-05 0.00117465224111281 0.00578052550231841 0.000556414219474519 -0.0043894899536322 -0.00185471406491489 -0.0109119010819165 -0.0101391035548685
Stock impact report

Does ‘virtue signaling' pay off for entrepreneurs? We studied 80,000 Airbnb listings to find out [Yahoo! Finance]

Airbnb, Inc. - Class A (ABNB) 
Company Research Source: Yahoo! Finance
To stand out from the competition , some Airbnb hosts tout their personal values – such as integrity, empathy and conscientiousness – in listings for their properties. This sort of display has been called “virtue signaling.” Although the phrase can be derisive, we're using it here as a neutral description of a business tactic: Virtue signaling happens when a business entity communicates to a target audience that it has a purpose beyond providing a service for profit. Virtue signaling isn't a new phenomenon , but it's still a challenging one for entrepreneurs to navigate. After all, there's a thin line between having a meaningful dialogue about values and telling customers what they want to hear. Prior research on business and virtue signaling is largely mixed , and scholars have mostly focused on how investors – not consumers – respond to it As professors who study entrepreneurship , we wanted to better understand how consumers respond to virtue language – specifically, whether i Show less Read more
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