Crowdfunding is an innovative financial measure that is increasingly important in supporting sustainability initiatives. However, little research-based theory has been devoted to crowdfunding in light of the Sustainable Development Goals (SDGs). To bridge this gap, this study utilizes theories of value-attitude-behavior (VAB) model and personality to investigate Korean consumer crowdfunding behavior for sustainability initiatives in relation to the United Nations 17 SDGs. Seven hypotheses related to value, attitude, personal norm, and social norm on sustainability, and participation in sustainability crowdfunding are offered, with personality as a moderator. The findings revealed that value has substantial impacts on attitude, personal norm, and social norm. Attitude, personal norm, and social norm on source are found to have positive impacts on participation. Conscientiousness, extraversion, agreeableness, and neuroticism have partial moderating effects on the VAB model. These results offer theoretical and empirical contributions to sustainability crowdfunding in light of the SDGs.
Download full-text PDF |
Source |
|---|---|
| http://dx.doi.org/10.1016/j.jenvman.2020.111827 | DOI Listing |
Publication Analysis
Top Keywords
Similar Publications
How digital finance promotes renewable energy consumption in China?
Environ Sci Pollut Res Int
October 2023
Xi'An University of Architecture and Technology Huaqing College, Xi'An, 710049, China.
This study uses a quantitative methodology to investigate how the rise of digital money has affected efforts to increase green energy use in China. This work contributes to the body of knowledge by using a number of empirical methods, such as regression analysis, parametric quantile estimation, stability diagnostic tests, and sensitivity analysis. This study's results further demonstrate the importance of digital financing in easing the adoption of renewable energy sources throughout China.
View Article and Find Full Text PDFPublic welfare crowdfunding decision-making of environmental nonprofit organizations based on social responsibility.
Environ Sci Pollut Res Int
September 2023
School of Finance and Public Administration, Harbin University of Commerce, Harbin, 150028, China.
Sustainable crowdfunding has emerged as a significant factor in the quest for alternative funding streams in recent times. The process has entailed the removal of financial obstacles and intermediaries, facilitating proximity between entrepreneurs' initiatives and fund providers, thereby initiating modifications in conventional investment and profitability criteria. The correlation between corporate social responsibility (CSR) and sustainable business returns is a significant metric that may enhance funding costs.
View Article and Find Full Text PDFResearch into microfinance and ICTs: A bibliometric analysis.
Eval Program Plann
April 2023
Universidad Complutense de Madrid, Spain. Electronic address:
Information and communication technologies (ICTs) play an ever-increasing role in improving the efficiency, profitability, and sustainability of microfinance institutions. This paper aims to assess the role of ICTs in the microfinance industry by systematically reviewing the literature with bibliometric methods. In this research, a total of 347 samples (from 1998 to 2021) were selected from the Web of Science database according to the guideline of the systematic review.
View Article and Find Full Text PDFThe future of digital donation crowdfunding.
PLoS One
November 2022
Sustainability in Financial and Capital Market Research Unit, Sasin School of Management, Chulalongkorn University, Bangkok, Thailand.
Amidst the Coronavirus crisis, many fundraising projects have emerged to relieve financial burdens resulting from social distancing policies. Crowdfunding is a way to raise money to fund a business, project or charity, through either social media or other online platforms to reach hundreds of potential sponsors. We developed guidelines for effective donation-based crowdfunding through online platforms.
View Article and Find Full Text PDFAn overview of Fintech applications to solve the puzzle of health care funding: state-of-the-art in medical crowdfunding.
Financ Innov
September 2022
School of Management, Politecnico di Milano, Milan, Italy.
Crowdfunding is emerging as an alternative form of funding for medical purposes, with capital being raised directly from a broader and more diverse audience of investors. In this paper, we have systematically researched and reviewed the literature on medical crowdfunding to determine how crowdfunding connects with the health care industry. The health care industry has been struggling to develop sustainable research and business models for economic systems and investors alike, especially in pharmaceuticals.
View Article and Find Full Text PDFWant AI Summaries of new PubMed Abstracts delivered to your In-box?
Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!