20 Ergebnisse
Sortierung:
In: Ecotoxicology and environmental safety: EES ; official journal of the International Society of Ecotoxicology and Environmental safety, Band 8, Heft 6, S. 526-530
ISSN: 1090-2414
In: Social science journal: official journal of the Western Social Science Association, S. 1-2
ISSN: 0362-3319
In: Social science journal: official journal of the Western Social Science Association, S. 1-3
ISSN: 0362-3319
In: International journal of human resource management, Band 23, Heft 1, S. 52-70
ISSN: 1466-4399
In: Materials & Design (1980-2015), Band 46, S. 809-815
In: Environmental science and pollution research: ESPR, Band 29, Heft 18, S. 27548-27559
ISSN: 1614-7499
In: Management decision, Band 62, Heft 3, S. 1008-1029
ISSN: 1758-6070
PurposeThis study explores whether herd behavior exists for equity crowdfunding investors in China and whether this herding is rational.Design/methodology/approachBased on signaling theory and social learning theory, two hypotheses were proposed. This study employed two approaches to collect data. First, this paper analyzed 3,041 investments on an equity crowdfunding platform in China using Python programming and built a panel data model. Second, based on a unique experiment design, this study conducted several relevant herd behavior simulation experiments.FindingsWe found that investors in the Chinese equity crowdfunding market exhibit herd behavior and that this herding is rational. Project attributes play a negative role in moderating the relationship between the current investment amount and cumulative investments. Experimental results further support our findings.Originality/valueThis study contributes to the emerging literature on herding in crowdfunding by focusing on equity crowdfunding in China. We are the first to explore whether Chinese equity crowdfunding investors exhibit rational herding behavior. The study is also original in applying social learning theory to equity crowdfunding and in using both actual crowdfunding campaigns and experimental approaches to collect data. This study has valuable implications to practice.
SSRN
In: International journal of information management, Band 34, Heft 3, S. 329-335
ISSN: 0268-4012
In: Chinese journal of population, resources and environment, Band 16, Heft 1, S. 28-35
ISSN: 2325-4262
In: Environmental science and pollution research: ESPR, Band 29, Heft 8, S. 11405-11417
ISSN: 1614-7499
In: Environmental science and pollution research: ESPR, Band 29, Heft 58, S. 87361-87379
ISSN: 1614-7499
In: Environmental science and pollution research: ESPR, Band 28, Heft 13, S. 15584-15596
ISSN: 1614-7499
In: Environmental science and pollution research: ESPR, Band 23, Heft 3, S. 2549-2556
ISSN: 1614-7499
In: Population and environment: a journal of interdisciplinary studies, Band 33, Heft 2-3, S. 233-242
ISSN: 1573-7810