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Author:

Yin, Ziyi (Yin, Ziyi.) | Huang, Guowei (Huang, Guowei.) | Zhao, Rui (Zhao, Rui.) | Wang, Sen (Wang, Sen.) | Shang, Wen-Long (Shang, Wen-Long.) | Han, Chunjia (Han, Chunjia.) | Yang, Mu (Yang, Mu.)

Indexed by:

SSCI Scopus

Abstract:

Crowdfunding has become important in increasing financial support for the development of green technologies. Self-disclosed information significantly affects supporters' decisions and is important for the success of green project funding. However, current studies still lack investigations into the impact of information disclosure on green crowdfunding performance. This research aims to fill this knowledge gap by exploring eight information disclosure-relevant factors in green crowdfunding performance. Applying machine learning techniques (e.g., Natural Language Processing and Computer Vision) and logistic regression, this study investigates 720 green crowdfunding campaigns on GoFundMe and empirically finds that the duration, length of campaign introductions, and length of the title influence fundraising outcomes. However, no evidence supports the impact of goal size, emotion of campaign introduction, or image content on funding success. This study clarifies the information disclosure-related data that green crowdfunding campaigns should consider and provides founders with a constructive guide to smoothly raise money for a green crowdfunding campaign. This study also contributes to data processing methods by providing future studies with an approach for transferring unstructured data to structured data.

Keyword:

Successful factors Information disclosure Green crowdfunding Funding success

Author Community:

  • [ 1 ] [Yin, Ziyi]Univ Liverpool, Management Sch, Liverpool, England
  • [ 2 ] [Huang, Guowei]Univ Nottingham, Sch Comp Sci, Nottingham, England
  • [ 3 ] [Zhao, Rui]UCL, Dept Geog, London, England
  • [ 4 ] [Wang, Sen]Univ Greenwich, Sch Business Operat & Strategy, London, England
  • [ 5 ] [Shang, Wen-Long]Beijing Univ Technol, Coll Metropolitan Transportat, Beijing Key Lab Traff Engn, Beijing, Peoples R China
  • [ 6 ] [Shang, Wen-Long]Beijing Jiaotong Univ, Sch Traff & Transportat, Beijing, Peoples R China
  • [ 7 ] [Shang, Wen-Long]Imperial Coll London, Ctr Transport Studies, London, England
  • [ 8 ] [Han, Chunjia]Birkbeck Univ London, Dept Management, London, England
  • [ 9 ] [Yang, Mu]Birkbeck Univ London, Dept Management, London, England

Reprint Author's Address:

  • [Shang, Wen-Long]Beijing Univ Technol, Coll Metropolitan Transportat, Beijing Key Lab Traff Engn, Beijing, Peoples R China;;[Shang, Wen-Long]Beijing Jiaotong Univ, Sch Traff & Transportat, Beijing, Peoples R China;;[Shang, Wen-Long]Imperial Coll London, Ctr Transport Studies, London, England;;

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Source :

FINANCIAL INNOVATION

Year: 2024

Issue: 1

Volume: 10

Cited Count:

WoS CC Cited Count:

SCOPUS Cited Count: 1

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 9

Affiliated Colleges:

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