The effect of local religiosity on financing cross-regional entrepreneurial projects via crowdfunding (local religiosity and crowdfinancing)

This paper aims to develop a better understanding of the influence of the social environment in which entrepreneurs reside on the success of the crowdfunding projects they propose. Specifically, this study investigates on the importance of local religiosity on the propensity to support cross-regiona...

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Authors: Di Pietro, Francesca 1987- (Author) ; Masciarelli, Francesca (Author)
Tipo de documento: Recurso Electrónico Artigo
Idioma:Inglês
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Publicado em: Springer Science + Business Media B. V 2022
Em: Journal of business ethics
Ano: 2022, Volume: 178, Número: 2, Páginas: 429-443
Outras palavras-chave:B Financiamento coletivo
B Cross-regional resource flows
B Social ties
B Aufsatz in Zeitschrift
B Local religiosity
B Trust
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Descrição
Resumo:This paper aims to develop a better understanding of the influence of the social environment in which entrepreneurs reside on the success of the crowdfunding projects they propose. Specifically, this study investigates on the importance of local religiosity on the propensity to support cross-regional crowdfunding projects. We theoretically discuss and empirically document, using a dataset of 5841 contributions on three Swiss reward-based and donation-based platforms, that local religiosity affects cross-regional resource flows by creating social interactions and enhancing trust. Furthermore, we find that cross-regional resource flows are more likely between regions sharing the same primary religion—whether Protestant or Catholic.
ISSN:1573-0697
Obras secundárias:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/s10551-021-04805-4