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Do value-attitude-behavior and personality affect sustainability crowdfunding initiatives?
Kyung Hee Univ, Republic of Korea.ORCID iD: 0000-0002-8077-8503
Linnaeus University, School of Business and Economics, Department of Organisation and Entrepreneurship. Univ Canterbury, New Zealand;Univ Oulu, Finland;Lund University, Sweden.ORCID iD: 0000-0002-7734-4587
2021 (English)In: Journal of Environmental Management, ISSN 0301-4797, E-ISSN 1095-8630, Vol. 280, p. 1-11, article id 111827Article in journal (Refereed) Published
Sustainable development
SDG 17: Strengthen the means of implementation and revitalize the global partnership for sustainable development
Abstract [en]

Crowdfunding is an innovative financial measure that is increasingly important in supporting sustainability initiatives. However, little research-based theory has been devoted to crowdfunding in light of the Sustainable Development Goals (SDGs). To bridge this gap, this study utilizes theories of value-attitude-behavior (VAB) model and personality to investigate Korean consumer crowdfunding behavior for sustainability initiatives in relation to the United Nations 17 SDGs. Seven hypotheses related to value, attitude, personal norm, and social norm on sustainability, and participation in sustainability crowdfunding are offered, with personality as a moderator. The findings revealed that value has substantial impacts on attitude, personal norm, and social norm. Attitude, personal norm, and social norm on source are found to have positive impacts on participation. Conscientiousness, extraversion, agreeableness, and neuroticism have partial moderating effects on the VAB model. These results offer theoretical and empirical contributions to sustainability crowdfunding in light of the SDGs.

Place, publisher, year, edition, pages
Elsevier, 2021. Vol. 280, p. 1-11, article id 111827
Keywords [en]
Crowdfunding for sustainability, Value-attitude-behavior model, Big five personality, Sustainable development finance, Sustainable development goals, South Korea
National Category
Economics and Business Environmental Sciences
Research subject
Tourism
Identifiers
URN: urn:nbn:se:lnu:diva-101681DOI: 10.1016/j.jenvman.2020.111827ISI: 000613574600012PubMedID: 33360392Scopus ID: 2-s2.0-85098141347OAI: oai:DiVA.org:lnu-101681DiVA, id: diva2:1539836
Available from: 2021-03-25 Created: 2021-03-25 Last updated: 2023-05-03Bibliographically approved

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Hall, C. Michael

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