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Crowdfunding as a Support Tool for the Activity of Social Investors

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Contemporary Issues in Sustainable Finance

Part of the book series: Palgrave Studies in Impact Finance ((SIF))

Abstract

Crowdfunding is emerging as a promising new option to facilitate access to financial resources for social initiatives. This chapter studies crowdfunding practice focusing on the role played by an Italian platform owned by a banking foundation. By examining 140 projects hosted between 2016 and 2018, the study analyzes how the platform acts to improve and facilitate the interaction between non-profit organizations (NPOs), social investors, and donors. The results show that social crowdfunding promotes interaction between all the actors involved and improves the philanthropic activity of the banking foundation by three times.

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Authors and Affiliations

  1. Department of Biosciences and Territory, University of Molise, Campobasso, Italy

    Antonio Minguzzi

  2. Department of Economics, University of Molise, Campobasso, Italy

    Michele Modina

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  1. Antonio Minguzzi
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Correspondence to Antonio Minguzzi .

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Editors and Affiliations

  1. Department of Management, Sapienza University of Rome, Rome, Italy

    Mario La Torre

  2. Department of Management and Business Administration, G. d’Annunzio University of Chieti-Pescara, Pescara, Italy

    Helen Chiappini

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Minguzzi, A., Modina, M. (2021). Crowdfunding as a Support Tool for the Activity of Social Investors. In: La Torre, M., Chiappini, H. (eds) Contemporary Issues in Sustainable Finance. Palgrave Studies in Impact Finance. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-65133-6_5

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  • DOI: https://doi.org/10.1007/978-3-030-65133-6_5

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