Maria Manganiello
Current Organizations / Institutes
The organizations/institutes from the scholar's latest article
Research Subjects
Research Interests
Maria Manganiello has a total of 3 co-authors. Here are the top co-authors by number of shared publications:
- Carmelo Algeri
University of Bologna
1 shared publication - Federica Ielasi
Department of Economics and Management University of Florence Florence Italy
1 shared publication - Lorenzo Gai
University of Florence
1 shared publication
Latest Publications
- Open Access
- 3 March 2025
- Published by MDPI AG in Sustainability
- Vol. 17 (5) , 2188
Sustainability-Oriented Equity Crowdfunding: The Role of Proponents, Investors, and Sustainable Development
This study investigates the factors influencing the success of sustainability-oriented equity crowdfunding campaigns by analyzing a dataset of 771 campaigns from Italian platforms between 2014 and 2021. The findings indicate that while projects with a sustainability focus tend to achieve better outcomes, their success is contingent on variables such as the economic sector of the proposing company and investor concerns regarding misleading claims about environmental, social, and governance practices. Notably, professional investors play a critical role in early-stage financing, initiating information cascades that drive broader investor participation. Furthermore, the COVID-19 crisis appears to have heightened investor interest in sustainability, further solidifying equity crowdfunding as a viable financing tool for ventures with environmental and social objectives. By identifying the key factors that drive the success of sustainability-oriented campaigns, this study offers valuable insights for entrepreneurs, investors, and policymakers seeking to enhance the role of alternative finance in promoting sustainable innovation.
- 3 March 2025
- Published by MDPI AG in Sustainability
- Vol. 17 (5) , 2188
Open AccessSustainability-Oriented Equity Crowdfunding: The Role of Proponents, Investors, and Sustainable Development
This study investigates the factors influencing the success of sustainability-oriented equity crowdfunding campaigns by analyzing a dataset of 771 campaigns from Italian platforms between 2014 and 2021. The findings indicate that while projects with a sustainability focus tend to achieve better outcomes, their success is contingent on variables such as the economic sector of the proposing company and investor concerns regarding misleading claims about environmental, social, and governance practices. Notably, professional investors play a critical role in early-stage financing, initiating information cascades that drive broader investor participation. Furthermore, the COVID-19 crisis appears to have heightened investor interest in sustainability, further solidifying equity crowdfunding as a viable financing tool for ventures with environmental and social objectives. By identifying the key factors that drive the success of sustainability-oriented campaigns, this study offers valuable insights for entrepreneurs, investors, and policymakers seeking to enhance the role of alternative finance in promoting sustainable innovation.