scholarly journals Determinants of Overfunding in Equity Crowdfunding: An Empirical Study in the UK and Spain

2020 ◽  
Vol 12 (23) ◽  
pp. 10054 ◽  
Author(s):  
Cristina Martínez-Gómez ◽  
Francisca Jiménez-Jiménez ◽  
M. Virtudes Alba-Fernández
Keyword(s):  
Sustainable Development Goals ◽  
Total Sample ◽  
Influential Factors ◽  
Related Factors ◽  
The Sustainable Development ◽  
Equity Crowdfunding ◽  
Country Analysis ◽  
Sustainable Finance ◽  
Development Goals ◽  
The Uk

Crowdfunding constitutes one of the financial solutions to achieve the sustainable development goals, by fostering innovation and economic growth. This paper conducts an empirical two-country analysis (the UK and Spain) of characteristics of successful offerings to assess the distribution of overfunding in equity crowdfunding. Unlike previous research, which has usually comprised campaigns posted on single-country portals, our study is based on an international leading platform operating with country-differentiated websites, Crowdcube. Such an approach allows us to identify influential factors which are dependent on country and, simultaneously, to control for those platform-related factors. To focus on the overfunding distribution, a quantile regression methodology is adopted for a total sample of 299 overfunded campaigns from 2015 to 2018. Overall, empirical results show that the effects of key campaign features (equity, voting rights and social capital) are stronger and more significant at the 75th and 90th quantiles for the overfunding level and the number of investors. Furthermore, we find significant differences across countries, which persist along the distributions of overfunding. Yet, interestingly, between-country differences in overfunding level vanish for the technological sector. Our research provides further insights into the relation between equity crowdfunding and sustainable finance.

scholarly journals Integrating the Sustainable Development Goals (SDGs) into Urban Climate Plans in the UK and Japan: A Text Analysis

Climate ◽  
2021 ◽  
Vol 9 (6) ◽  
pp. 100
Author(s):  
Leticia Ozawa-Meida ◽  
Fernando Ortiz-Moya ◽  
Birgit Painter ◽  
Matthew Hengesbaugh ◽  
Ryoko Nakano ◽  
...  
Keyword(s):  
Sustainable Development ◽  
United Kingdom ◽  
Text Analysis ◽  
Sustainable Development Goals ◽  
Urban Climate ◽  
The Sustainable Development ◽  
The United Kingdom ◽  
Responsible Consumption ◽  
Development Goals ◽  
The Uk

Cities are increasingly adopting potentially sustainable climate plans. Integrating the Sustainable Development Goals (SDGs) into these plans could help stabilize the climate while generating jobs, narrowing equity gaps, fostering innovation, and delivering other sustainability benefits. Yet, how much cities are integrating the SDGs into climate plans remains poorly understood. This article shed light on this question with a text analysis of SDG “keywords” in climate plans for two British and two Japanese cities. The results revealed that none of the surveyed cities have connected climate with socioeconomic priorities covered in SDG1 (poverty), SDG8 (employment), SDG5 (gender), and SDG10 (inequalities). Meanwhile, the United Kingdom cities made more connections between climate and responsible consumption and production (SDG12) than the Japanese cities. Further, Kyoto, Japan shares a climate-SDGs linkages profile that resembles the United Kingdom cities more than Kawasaki. Though not without limitations, text analysis can facilitate the city-to-city peer learning needed to make urban climate plans sustainable within and across countries.

THE ROLE OF SUSTAINABLE FINANCE IN ACHIEVING SUSTAINABLE DEVELOPMENT GOALS: DOES IT WORK?

2020 ◽  
Vol 0 (0) ◽  
pp. 1-26
Author(s):  
Magdalena Ziolo ◽  
Iwona Bak ◽  
Katarzyna Cheba
Keyword(s):  
Sustainable Development ◽  
Environmental Sustainability ◽  
Sustainable Development Goals ◽  
Original Research ◽  
Research Approach ◽  
The Sustainable Development ◽  
Finance Model ◽  
Sustainable Finance ◽  
Development Goals

The World Bank and International Monetary Fund reported that the achievement of the 17 Sustainable Development Goals (SDGs) requires an escalation of development finance. The report Scaling Finance for the Sustainable Development Goals highlighted the urgency of the efforts to realize SDGs in encouraging financial innovation to move quickly. Even if the role of finance in achieving SDGs is unquestionable, few scientific studies have addressed these issues. We tried to fill the existing research gap. In this study, we examined the link between sustainable finance and SDGs based on European Union countries belonging to the OECD. We present a new and the original research approach. We assumed that the sustainable finance model plays a fundamental role in implementing SDGs (all SDGs were analysed except for SDG 6 and SDG14, due to lack of statistics were not analysed) and ensuring that social and environmental sustainability are reflected in SDGs. The results of this study show that the more sustainable the finance model, the better the achievement of SDGs in the group of analysed countries. We found a strong link between sustainable finance model and social sustainability (SDG1, 3, 4, 5, 10, 16); environmental sustainability (SDG11, 12, 13, 15) and economic sustainability (SDG8, 9, 17).

scholarly journals What Do We Mean by Sustainable Finance? Assessing Existing Frameworks and Policy Risks

2021 ◽  
Vol 13 (2) ◽  
pp. 975
Author(s):  
Marco Migliorelli
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Cost Of Capital ◽  
Paris Agreement ◽  
Financial Flows ◽  
The Sustainable Development ◽  
Policy Context ◽  
Sustainable Finance ◽  
Development Goals ◽  
The Cost

I observe that the sustainable finance landscape as it stands today is featured by an overabundance of heterogeneous concepts, definitions, industry and policy standards. I argue that such heterogeneity may hinder the smooth development of the conceptual thinking underpinning sustainable finance and originates specific risks that may harm the credibility of the nascent market. These risks include green and sustainable washing, the rebranding of financial flows without additionality, the disordered adjustment in the cost of capital spreads between industries. I argue that to reflect the actual industry and policy context as wells as to steer conceptual and applied practice sustainable finance should be today referred to as “finance for sustainability”. To this extent, both its definition and implementing standards should make clear reference to the relevant sustainability dimensions (in particular in line with the Sustainable Development Goals and the Paris Agreement) and to the sectors or activities that positively contribute to these dimensions.

scholarly journals Cost of Sending Remittances from the UK in the Aftermath of the Financial Crisis

2017 ◽  
Vol 2 (1) ◽  
pp. 47-56 ◽  
Author(s):  
Ibrahim Sirkeci ◽  
Andrej Přívara
Keyword(s):  
Sustainable Development ◽  
Developing Countries ◽  
Financial Crisis ◽  
Transaction Costs ◽  
Sustainable Development Goals ◽  
Source Country ◽  
The Sustainable Development ◽  
The United Kingdom ◽  
Development Goals ◽  
The Uk

Reducing cost of remittances is among the sustainable development goals and leading institutions and figures in the field advocate for cheaper transaction costs. Remittances remained resilient during the financial crisis overall and growth continues in the aftermath. In this paper, cost of sending remittances from the United Kingdom, a major remittances source country, to a selected group of 10 developing countries is examined to understand the trends in prices. Results show that overall, in selected countries there is a declining tendency, while in certain corridors and by certain operators, the prices of remittances did not decline as desired. Hence, possibly billions of remittances pounds did not reach to those in grave need. 

scholarly journals Volunteering and the Sustainable Development Goals: an opportunity to move beyond boundaries

2020 ◽  
Vol 11 (2) ◽  
pp. 251-260
Author(s):  
Angela Ellis Paine ◽  
Cliff Allum ◽  
Danielle Beswick ◽  
Benjamin J. Lough
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Research Policy ◽  
Policy And Practice ◽  
The Sustainable Development ◽  
Interdisciplinary Learning ◽  
Global North ◽  
Development Goals ◽  
The Uk

There is growing recognition of the role that volunteering can play in the implementation of the Sustainable Development Goals (SDGs). Evidence of its contribution, however, remains relatively weak, including for countries in the Global North such as the UK. This is compounded by limited collaboration between those concerned with volunteering and those concerned with development. The SDGs provide an opportunity to bring together research, policy and practice on volunteering and development, and on international and ‘domestic’ volunteering, enabling valuable interdisciplinary learning.

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