Examination of the Motivations for Equity-Based Crowdfunding in an Emerging Market

Abstract: This study investigates the various motivations to equity crowdfunding in Malaysia. A total of 169 responses from survey questionnaires are used to test the relationships using Structural Equation Modelling-Partial Least Squares. Investigation into the influence of both intrinsic and extri...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autores principales: Wasiuzzaman,Shaista, Lee,Chong Lee, Boon,Ong Hway, Chelvam,Hemalatha Pannir
Lenguaje:English
Publicado: Universidad de Talca 2021
Materias:
Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-18762021000200105
Etiquetas: Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
id oai:scielo:S0718-18762021000200105
record_format dspace
spelling oai:scielo:S0718-187620210002001052020-11-26Examination of the Motivations for Equity-Based Crowdfunding in an Emerging MarketWasiuzzaman,ShaistaLee,Chong LeeBoon,Ong HwayChelvam,Hemalatha Pannir Equity crowdfunding Cognitive values Affective values SEM-PLS Malaysia Abstract: This study investigates the various motivations to equity crowdfunding in Malaysia. A total of 169 responses from survey questionnaires are used to test the relationships using Structural Equation Modelling-Partial Least Squares. Investigation into the influence of both intrinsic and extrinsic motivators on the willingness to support equity crowdfunding shows that the financial motive is insignificant in influencing the decision. Among the intrinsic motivators, aesthetic value, emotional value, novelty and trust are highly significant and the desire to be part of a community is the only intrinsic motivator that is insignificant. The willingness to support has a positive influence on the likelihood to invest in equity crowdfunding.info:eu-repo/semantics/openAccessUniversidad de TalcaJournal of theoretical and applied electronic commerce research v.16 n.2 20212021-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-18762021000200105en10.4067/S0718-18762021000200105
institution Scielo Chile
collection Scielo Chile
language English
topic Equity crowdfunding
Cognitive values
Affective values
SEM-PLS
Malaysia
spellingShingle Equity crowdfunding
Cognitive values
Affective values
SEM-PLS
Malaysia
Wasiuzzaman,Shaista
Lee,Chong Lee
Boon,Ong Hway
Chelvam,Hemalatha Pannir
Examination of the Motivations for Equity-Based Crowdfunding in an Emerging Market
description Abstract: This study investigates the various motivations to equity crowdfunding in Malaysia. A total of 169 responses from survey questionnaires are used to test the relationships using Structural Equation Modelling-Partial Least Squares. Investigation into the influence of both intrinsic and extrinsic motivators on the willingness to support equity crowdfunding shows that the financial motive is insignificant in influencing the decision. Among the intrinsic motivators, aesthetic value, emotional value, novelty and trust are highly significant and the desire to be part of a community is the only intrinsic motivator that is insignificant. The willingness to support has a positive influence on the likelihood to invest in equity crowdfunding.
author Wasiuzzaman,Shaista
Lee,Chong Lee
Boon,Ong Hway
Chelvam,Hemalatha Pannir
author_facet Wasiuzzaman,Shaista
Lee,Chong Lee
Boon,Ong Hway
Chelvam,Hemalatha Pannir
author_sort Wasiuzzaman,Shaista
title Examination of the Motivations for Equity-Based Crowdfunding in an Emerging Market
title_short Examination of the Motivations for Equity-Based Crowdfunding in an Emerging Market
title_full Examination of the Motivations for Equity-Based Crowdfunding in an Emerging Market
title_fullStr Examination of the Motivations for Equity-Based Crowdfunding in an Emerging Market
title_full_unstemmed Examination of the Motivations for Equity-Based Crowdfunding in an Emerging Market
title_sort examination of the motivations for equity-based crowdfunding in an emerging market
publisher Universidad de Talca
publishDate 2021
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-18762021000200105
work_keys_str_mv AT wasiuzzamanshaista examinationofthemotivationsforequitybasedcrowdfundinginanemergingmarket
AT leechonglee examinationofthemotivationsforequitybasedcrowdfundinginanemergingmarket
AT boononghway examinationofthemotivationsforequitybasedcrowdfundinginanemergingmarket
AT chelvamhemalathapannir examinationofthemotivationsforequitybasedcrowdfundinginanemergingmarket
_version_ 1714202240772734976