Books and journals Case studies Expert Briefings Open Access
Advanced search

Social responsibility and crowdfunding businesses: a measurement development study

Shaike Marom (School of Business, Western Galilee College, Acre, Israel)

Social Responsibility Journal

ISSN: 1747-1117

Publication date: 5 June 2017

Abstract

Purpose

The purpose of this paper is to explore the issue of social responsibility of crowdfunding industry, an industry that is expanding rapidly as an alternative source of finance and new business model, while failing to sufficiently advance and adhere to good social responsibility practices. The paper develops a stakeholder-based rating system of corporate social responsibility (CSR) among crowdfunding platforms that could assist in making this industry more trustworthy and robust.

Design/methodology/approach

The approach is based on exploratory research methodology, using interviews as data collection tool, to develop an initial understanding of the dimension and issues that define a construct for measuring the social responsibility of crowdfunding businesses.

Findings

The paper offers a preliminary construct for measuring the social responsibility of crowdfunding businesses, which identifies the stakeholders’ dimensions to be measured, assigned a relative weight for those stakeholders within an aggregated CSR measure and identified the social responsibility issues to be gauged.

Originality/value

This research adds to the understanding of the under studied subject of social responsibility of crowdfunding industry by developing a stakeholder-based rating system of CSR among crowdfunding businesses that could assist in making this industry more trustworthy and robust, thereby laying out an agenda for further research on the topic.

Keywords

  • Stakeholders
  • Corporate social responsibility
  • Crowdfunding
  • Social responsibility measurement
  • Social responsibility rating

Citation

Marom, S. (2017), "Social responsibility and crowdfunding businesses: a measurement development study", Social Responsibility Journal, Vol. 13 No. 2, pp. 235-249. https://doi.org/10.1108/SRJ-07-2016-0118

Download as .RIS

Publisher

:

Emerald Publishing Limited

Copyright © 2017, Emerald Publishing Limited

Please note you do not have access to teaching notes

You may be able to access teaching notes by logging in via Shibboleth, Open Athens or with your Emerald account.
Login
If you think you should have access to this content, click the button to contact our support team.
Contact us

To read the full version of this content please select one of the options below

You may be able to access this content by logging in via Shibboleth, Open Athens or with your Emerald account.
Login
To rent this content from Deepdyve, please click the button.
Rent from Deepdyve
If you think you should have access to this content, click the button to contact our support team.
Contact us
Emerald Publishing
  • Opens in new window
  • Opens in new window
  • Opens in new window
  • Opens in new window
© 2021 Emerald Publishing Limited

Services

  • Authors Opens in new window
  • Editors Opens in new window
  • Librarians Opens in new window
  • Researchers Opens in new window
  • Reviewers Opens in new window

About

  • About Emerald Opens in new window
  • Working for Emerald Opens in new window
  • Contact us Opens in new window
  • Publication sitemap

Policies and information

  • Privacy notice
  • Site policies
  • Modern Slavery Act Opens in new window
  • Chair of Trustees governance statement Opens in new window
  • COVID-19 policy Opens in new window
Manage cookies

We’re listening — tell us what you think

  • Something didn’t work…

    Report bugs here

  • All feedback is valuable

    Please share your general feedback

  • Member of Emerald Engage?

    You can join in the discussion by joining the community or logging in here.
    You can also find out more about Emerald Engage.

Join us on our journey

  • Platform update page

    Visit emeraldpublishing.com/platformupdate to discover the latest news and updates

  • Questions & More Information

    Answers to the most commonly asked questions here