More than just financial performance: Trusting investors in social trading

Wohlgemuth, Veit; Berger, Elisabeth S.C.; Wenzel, Matthias

doi:10.1016/j.jbusres.2016.04.061

Cited by 46 publications

(37 citation statements)

References 40 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Collaborative consumption has recently emerged as a peer-to-peer activity of exchanging goods and services through online community platforms fueled by sustainability, the enjoyment of shared activities and economic gains (Hamari, Sjöklint, & Ukkonen, 2016). Online social trading is a form of collaborative consumption facilitated by a platform and community where traders can automatically and simultaneously copy the decisions of traders they trust (Wohlgemuth, Berger, & Wenzel, 2016). This comes as an alternative to traditional settings.…”

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

“…Current research on social trading signals is related to trust (Wohlgemuth, Berger, & Wenzel, 2016;Roca, José García, & José de la Vega, 2009). Wohlgemuth, Berger, and Wenzel (2016) argue that trust established between top traders and their followers is the result of two key groups of signals: affect-based signals and cognition-based signals. In their qualitative study, affect-based signals entail traders' personal information and trading history, whereas cognition-based signals are conditioned by the number of profitable trades, investment returns, maximum drawdown, and the risk level.…”

Section: Introductionmentioning

confidence: 99%

“…Conversely, Lee and Ma (2015) in a quantitative study propose three measures when deciding whom to follow in social trading services: performance, risk, and consistency. The qualitative approach adapted by Wohlgemuth, Berger, and Wenzel (2016) tends to focus more on the relational aspect of social trading, while the quantitative approach adapted by Lee and Ma (2015) tries to make an assessment of the more formal and measurable social trading characteristics. We converge these views by proposing a conceptual framework to study network leadership consisting of four key determinants of online social trading along the affect-based and cognition-based continuum of signals: trader credentials, volume, performance, and risk.…”

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

Determinants of leadership in online social trading: A signaling theory perspective

Kromidha

2019

Journal of Business Research

View full text Add to dashboard Cite

Where a licence is displayed above, please note the terms and conditions of the licence govern your use of this document. When citing, please reference the published version. Take down policy While the University of Birmingham exercises care and attention in making items available there are rare occasions when an item has been uploaded in error or has been deemed to be commercially or otherwise sensitive.

show abstract

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Determinants of leadership in online social trading: A signaling theory perspective

Kromidha

2019

Journal of Business Research

View full text Add to dashboard Cite

show abstract

“…Research on content analysis of crowdfunding messages examines the cognitive and affective precursors of trustworthiness and determinants of project funding success (Veit Wohlgemuth & Berger, 2016), innovation in the design of online technologies and social entrepreneurship outlets for crowdfunding platforms (Mollick, 2014), and decision-making models in relation to campaign characteristics (Lukkarinen et al, 2016). Moreover, recent studies unveil the role of government regulations, social networks and communities of support in connection to typologies of backers and rewards (Kshetri, 2015) in shaping niche investments, e.g.…”

Section: Introductionmentioning

confidence: 99%

Time to act: discourse on time in crowdfunding for social entrepreneurship project

Stan

Fanea-Ivanovici

2019

Proceedings of the International Conference on Business Excellence

View full text Add to dashboard Cite

The context of public governance outsourcing social services and constantly downshifting its role creates the premises for increasing impact of crowdsourced social entrepreneurship and grassroots mobilization. The study envisions the innovative concept of social entrepreneurship by crowdfunding through a sports event, with Swimathon as study case, where most of Romanian NGOs are active to promote their calls for fundraising. Swimmer-participants are fundraisers who take on a challenge (e.g. swimming a target distance) with the aim to raise funds, in teams, for the causes they support. This fundraising event involves donors in a participative setting that combines short-term volunteering and crowdfunding. The research aims to understand practices by which crowdfunding projects grouped into categories navigate constructs on time. The ensuing research questions are as follows: What typology of time orientation do crowdfunding projects in the Romanian landscape of sports-oriented social entrepreneurship display? What do they shift, reshape, and build on in terms of time agency, time management and time empowerment? The current study seeks to uncover and chart patterns of time-bound discursive strategies that aim to attract donors for crowdfunding projects in Romania. It brings forth questions of power and influence, by explaining and synthesizing the variety of manners in which trade-offs and synergies and modelled and mapped. The thematic analysis of fundraising calls for action is structured two-fold, namely: the denotative and the connotative dimension of time. The first component reveals time agency, time use and time management as keynote discursive trends, whereas the second reveals the following categories: time and emotion, quality time and time pressure. Metaphors of time used in the discourse over sustainability appeared coupled with pressure to intervene fast. Findings gathered by connotative discourse analysis induce the idea of grassroots mobilization and individual agency to the forefront, whereas social structures of institutional support are afforded background importance. The study ends with a discussion on implications of using time cues for emerging trends in the build-up process of Romanian crowdfunding projects.

show abstract