Does Consumer Protection Enhance Disclosure Credibility in Reward Crowdfunding?

Cascino, Stefano; Correia, Maria; Tamayo, Ane

doi:10.1111/1475-679x.12289

Cited by 41 publications

(18 citation statements)

References 48 publications

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“…The independent variable Weibo_disclosure is a dummy variable, which equals 1 if the fundraiser disclosed the link to their social media account on the crowdfunding platform and 0 otherwise. Following Cascino et al (2019) and Madsen and McMullin (2020), we obtain model (1), that is:…”

Section: Methodsmentioning

confidence: 99%

From self‐entertainment to being appreciated: how does social media transfer talent to business?

Chen

Ding

et al. 2021

Accounting & Finance

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This study investigates the influence of social media information disclosure on crowdfunding rates. Using a sample of 1,844 projects from a music crowdfunding platform in China, we find that fundraisers who disclosed their social media accounts contributed to a greater funding rate. Social media account disclosure appears to be more significant for projects created by individuals and accompanied by videos and more images, as well as negative descriptions. Furthermore, the disclosure of social media presence information can improve the funding rate by enabling digital reputations and breaking geographical restrictions. Robust tests and 2SLS estimations support our conclusion.

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Section: Methodsmentioning

confidence: 99%

From self‐entertainment to being appreciated: how does social media transfer talent to business?

Chen

Ding

et al. 2021

Accounting & Finance

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“…And in fact, there is limited research on users beyond traditional capital providers (shareholders and debtholders). 32 Even for these users, there is limited understanding of how they use and combine different sources of information for decision-making (Drake et al 2019, Cascino et al 2020. Increasingly, research acknowledges the potential for other users' engagement.…”

Section: Who Are the Relevant Users?mentioning

confidence: 99%

The role of users’ engagement in shaping financial reporting: should activists target accounting more?

Osma

Grande-Herrera

2021

Accounting and Business Research

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We define accounting engagement as stakeholders' actions taken with the intention of influencing corporate reporting. Using this definition, we review the literature on such activism and discuss avenues for research. The evidence reviewed suggests accounting engagement is rare. We reflect on the reasons of this, given evidence on increasing overt engagement on other corporate issues, such as managerial compensation and governance, social, and environmental responsibility. Both information production and information acquisition costs have decreased over time, raising further questions about why engagement has not increased. We consider potential reasons linked to concerns over whether financial reporting meets users' information needs, particularly, given the emergence of new users and the role of new technologies in the diffusion and processing of information. These concerns have accompanied claims of increasing complexity of financial accounting and the threat of information overload.

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“…Most of them have conceptualized trust as a one-dimensional construct and revealed that trust in the crowdfunding platform or project creators has a positive effect on individuals' investment decisions [25]. Some other scholars have primarily addressed donors' cognition-based trust, arguing that the credibility and the trustworthiness of the fundraiser and platform are vital factors that influence investors to fund the project [26]. However, little attention has been devoted to the cognitive and affective dimensions of trust simultaneously in the context of crowdfunding.…”

Section: Trust In Medical Crowdfundingmentioning

confidence: 99%

Influences of Medical Crowdfunding Website Design Features on Trust and Intention to Donate: Controlled Laboratory Experiment (Preprint)

Xing¹,

Hu²,

Xiao³

2020

Preprint

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BACKGROUND As a type of donation-based crowdfunding, medical crowdfunding has gradually become an important way for patients who have difficulty paying medical bills to seek help from the public. However, many people still have limited confidence in donating money to medical crowdfunding projects. OBJECTIVE Given that the features of a medical crowdfunding website may be important to users’ trust, this study draws upon two-factor and trust theories to explore how different design features of medical crowdfunding websites affect potential donors’ cognition-based trust and affect-based trust, and how these types of trust affect intention to donate. METHODS A 2 (informativeness: high vs. low) × 2 (visual cues: cool color vs. warm color) × 2 (social cues: with vs. without) between-subject laboratory experiment was conducted to validate our research model. A total of 320 undergraduate students recruited from a university in China participated in the controlled laboratory experiment. RESULTS Results indicate that cognition-and affect-based trust exert significant effects on the intention to donate of potential donors of medical crowdfunding. Informativeness as a hygiene factor positively influences potential donors’ cognition- and affect-based trust, whereas social cues as a motivating factor significantly influence potential donors’ cognition- and affect-based trust. However, webpages’ color affects the two dimensions of trust differently. Specifically, medical crowdfunding webpages with warm color are more likely to induce affect-based trust than cool color, whereas no significant difference exists between the effects of cold and warm colors on cognition-based trust. CONCLUSIONS This study deepens our understanding of the relationship among the design features of medical crowdfunding websites, trust, and intention to donate and provides guidelines for managers of medical crowdfunding platforms to enhance potential donors’ trust building by improving the website design features.

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Does Consumer Protection Enhance Disclosure Credibility in Reward Crowdfunding?

Cited by 41 publications

References 48 publications

From self‐entertainment to being appreciated: how does social media transfer talent to business?

From self‐entertainment to being appreciated: how does social media transfer talent to business?

The role of users’ engagement in shaping financial reporting: should activists target accounting more?

Influences of Medical Crowdfunding Website Design Features on Trust and Intention to Donate: Controlled Laboratory Experiment (Preprint)

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