社区活动、社会关系和ESG运动的成功

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2024-12-12 DOI:10.1016/j.frl.2024.106607

Akhil Raju, Vijaya B. Marisetty

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引用次数: 0

摘要

基于奖励的众筹平台上的ESG活动面临着挑战，因为它们给投资者带来了无法估量的回报。在这项研究中，我们考察了社区行动主义和社会关系在竞选成功中的作用。通过使用美国县级数据中的社区行动主义和社会关系，我们发现，在具有强大社会关系的县和公民参与度较高的县发起的ESG活动（与倾向得分匹配的非ESG活动相比）显示出更高的成功率。我们的研究结果强调了社区参与的质量和社会联系的强度在ESG活动成功中的作用。

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Community activism, Social ties and ESG campaign success

ESG campaigns on rewards-based crowdfunding platforms face challenges due to their immeasurable rewards to investors. In this study, we examine the role of community activism and social ties in campaign success. Using community activism and social ties at county-level data in the US, we show that, those ESG campaigns (compared to propensity score matched non-ESG campaigns) launched in the counties with strong social ties and counties where there is higher civic engagement, show higher success rate. Our results highlight the role of quality of community engagement and the strength of social ties in ESG campaign success.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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