Browsing by Subject "Fundraising"
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Item Open Access Strategic information revelation in fundraising(Elsevier BV, 2003) Bac, M.; Bag, P. K.We consider a model of voluntary contributions for a public project with random number of potential contributors. The fundraiser, who observes this number, has to decide whether to reveal or suppress the information before contributions are given. The fundraiser’s objective is to collect maximal contributions. We show that whether the public project is convex or non-convex can be the key to the fundraiser’s announcement decision. In the convex case, this number is always revealed. In the non-convex case the number may not be revealed at all or sometimes revealed only when it is in an intermediate range. In the presence of multiple equilibria, total contributions increase with the extent of concealment. 2002 Elsevier Science B.V. All rights reserved.Item Embargo The role of environmental sustainability in the success of initial coin offerings(Bilkent University, 2024-06) Dabbaghi Dehkharghani, ParivashInitial Coin Offerings (ICOs) have emerged as a popular fundraising method in the cryptocurrency sector. Previous studies have identified various factors affecting fundraising success. This study goes further, exploring the broader range of success factors in ICOs, with a particular focus on environmental sustainability, which is divided into direct and indirect categories. Direct sustainability refers to ICOs that offer products or services directly related to environmental sustainability initiatives and Indirect sustainability includes ICOs that may not have sustainability as their primary focus but contribute to sustainability goals in other ways. The research uses data from 1212 ICOs from ICO-related websites. Our findings reveal that ICOs directly linked to environmental sustainability may face challenges in fundraising success. We couldn't find any significant relationship between indirect sustainability and ICO success.