The Impact of Social Investing on Charitable Donations

An, Jake; Briley, Donnel A.; Danziger, Shai; Levi, Shai

doi:10.1287/mnsc.2022.4339

Cited by 9 publications

(5 citation statements)

References 23 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…They neither decrease nor increase their donations after thinking of their good investment fortune. Prior literature has found that after investing in ESG funds, investors on average reduce their charitable donations [4] . These investors see ESG funds as an alternative to achieving social goals, and once they allocate more of their giving budget to ESG investing, they allocate less to donations.…”

Section: Discussionmentioning

confidence: 99%

“…Some investors may invest in ESG funds solely because they believe these funds will outperform other investments, without being motivated by social impact. Moreover, evidence suggests that an investment in ESG can lead investors to donate less to charity [4] . Investors may view ESG investing as a substitute for donations, and thus donate less after investing in ESG funds.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

RETRACTED: The Impact of Investment Priming on Donations to Social Causes: Evidence from Two Field Experiments

Briley

Danziger

et al. 2023

Preprint

Self Cite

View full text Add to dashboard Cite

This study investigates the effect of investment priming on individuals’ donations to social causes. Using two field experiments, we examine donations to a plant-a-tree program of 1,480 investors who had invested in portfolios with large positive returns in the previous financial year. We compare the donations of investors who were reminded of their portfolio's returns (investment prime) before the donation request with those of investors who were not reminded of their portfolio's returns. We find that investment priming reduced the donations of non-prosocial investors who do not regularly donate to charities or invest in environmental funds. And among prosocial investors, we find that investment priming had no effect on donations. These findings extend previous research on money priming by suggesting that drawing investors’ attention to their investment gains may weaken their willingness to share their wealth and donate to social causes.

show abstract

Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

RETRACTED: The Impact of Investment Priming on Donations to Social Causes: Evidence from Two Field Experiments

Briley

Danziger

et al. 2023

Preprint

Self Cite

View full text Add to dashboard Cite

show abstract

“…where D ms is a delay in milliseconds in the range 1000 ≥ D ms ≤ 4999 and random( ) generates a random value in the range [0, 1].…”

Section: System Setupmentioning

confidence: 99%

“…This involves monetary gifts, charitable giving, fundraising, lobbying, and awareness campaigns. Charity organizations bring positive change with significant impact on people and society by devoting time, resources, and energy to helping communities [1] and causes in need. The Sustainable Development Goals (SDGs) to eradicate poverty, achieve social equality, safeguard the environment, and promote peace and prosperity were set by the United Nations in 2015.…”

Section: Introductionmentioning

confidence: 99%

Blockchain-Empowered Decentralized Philanthropic Charity for Social Good

Ahmed,

Fumimoto,

Nakano

et al. 2023

Sustainability

View full text Add to dashboard Cite

The charity sector impacts society significantly in many areas, including providing education, healthcare, hunger relief, drinking water, disaster relief, environmental preservation, and assistance to underserved people. The existing charity organizations have numerous limitations, such as poor management, high operation costs, and a lack of transparency in the donation execution flow. The authentication of users and institutions is a big problem in the existing system. This research resolves the issues of transparency and reliability with an immutable and traceable distributed ledger. We empower the existing centralized charity works with the electronic know-your-customer (eKYC) authentication approach and cryptographic HASH. Information privacy is implemented using the filters within smart contracts. The implementation of eKYC to ensure authenticity and to secure data flow through the channel are two significant contributions of this work. A coin-toss function for data selection and a random time delay between pieces of data are used to avoid attacks based on guesswork. We aim for this framework to send 100% of donations to the beneficiaries and become a hyper-liquid medium to fill the United Nations Sustainable Development Goals (SDG) funding gap. We also introduce the concept of service charity to broaden the ability for people to offer their services and skills as charity.

show abstract

“…Micro-investing platforms fall under the umbrella of democratized investing. This category includes micro-investing 8 as well as peer-to-peer (P2P) lending 9 , micro-financing 10 and crowdfunding 11 , 12 . These emerging platforms provide a wider portion of the population access to mainstream financial resources (e.g., financially vulnerable consumers 13 ), thereby enabling investors to have a voice in capital allocation.…”

Section: Introductionmentioning

confidence: 99%

Fostering sustainable investments through micro-investing platforms

Gonzalez-Arcos,

Meath,

Leszczyc

et al. 2023

Sci Rep

Self Cite

View full text Add to dashboard Cite

We uncover the underlying factors that influence perceived trade-offs between sustainability and financial returns and risks, and the resulting real-world investment behaviour of micro-investors. Given the direct-to-consumer nature of new age investment platforms, the context for our study is framed within a consumer-centric context. Through a survey and conjoint experiment (383 investors), and analysis of actual investment decisions (for 89,744 micro-investors), we show that individual motives—specifically sustainability values and feelings of empowerment—are key drivers for sustainable investments, influencing willingness to forgo financial returns and the duration of investment. We provide practical implications for fostering sustainable investments through micro-investing platforms.

show abstract

The Impact of Social Investing on Charitable Donations

Cited by 9 publications

References 23 publications

RETRACTED: The Impact of Investment Priming on Donations to Social Causes: Evidence from Two Field Experiments

RETRACTED: The Impact of Investment Priming on Donations to Social Causes: Evidence from Two Field Experiments

Blockchain-Empowered Decentralized Philanthropic Charity for Social Good

Fostering sustainable investments through micro-investing platforms

Contact Info

Product

Resources

About