Exploring the determinants of fundraisers’ voluntary information disclosure on crowdfunding platforms: A risk-perception perspective
Abstract
Purpose
The purpose of this paper is to examine factors affecting fundraisers’ voluntary information disclosure on crowdfunding platforms based on risk-perception theory (RPT).
Design/methodology/approach
Structural equation modeling was employed to test the hypothesized relationships using data collected from China.
Findings
The authors found that plagiarism risk and financing risk are two important variables that influence fundraisers’ voluntary information disclosure. Specifically, plagiarism risk has a negative effect on fundraisers’ voluntary information disclosure, while financing risk has a positive effect on fundraisers’ voluntary information disclosure. Plagiarism risk is affected by information concerns, perceived control, project innovativeness, and quality of alternatives, while financing risk is affected by protection policy and information norms.
Originality/value
This study enriches crowdfunding research by identifying factors influencing fundraisers’ voluntary information disclosure and contributes to RPT by applying it in a new crowdfunding context.
Keywords
Acknowledgements
This work has been supported by the National Natural Science Foundation of China (71502145, 71702155), the Fundamental Research Funds for the Central Universities (Nos JBK1801043, JBK120505), and the Key Laboratory of Financial Intelligence and Financial Engineering of Sichuan Province.
Citation
Wang, T., Liu, X., Kang, M. and Zheng, H. (2018), "Exploring the determinants of fundraisers’ voluntary information disclosure on crowdfunding platforms: A risk-perception perspective", Online Information Review, Vol. 42 No. 3, pp. 324-342. https://doi.org/10.1108/OIR-11-2016-0329
Publisher
:Emerald Publishing Limited
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