Measurement of variables
| Variables | Measurement | Transformation |
|---|---|---|
| Funding Success (DV) | Achievement of the funding goal | No transformation |
| Information Volume (IV) | Total Information = Sum of information provided through text, image, and video. Based on: Thapa (2020) and Kaminski and Hopp (2020) | Scaled using scale ( ) |
| Moderators | ||
| Operational Transparency (Costless signal) | The number of work-related terms within the update section. Based on Mejia et al. (2019) | Scaled using scale ( ) |
| Crowdfunding Experience (Costly signal) | The number of prior crowdfunding projects launched by all team members. Used by multiple prior papers, including Chan et al. (2020) | Scaled using scale ( ) |
| Perceived Authenticity (Costless signal) | Seven-point scale on items modified from Oo and Allison (2024)
| Scaled using scale ( ) |
| Perceived Product Quality (Costly signal) | Consensual assessment technique on a 1–10 scale based on ratings provided by three experts (Hennessey et al., 2011; Frederiks et al., 2019; Shah and Thapa, 2023) | Scaled using scale ( ) |
| Control variables | ||
| Goal | Funding goal set by the fund seeker in USD | Scaled using scale ( ) |
| Backers | Number of fund providers willing to contribute | Scaled using scale ( ) |
| Duration | Duration set by the fund seekers to raise the fund | Scaled using scale ( ) |
| Readability | Flesch Reading Ease Score (FRES) | Scaled using scale ( ) |
| Hemmingway App Score | The readability score of the text analyzed by the Hemmingway app | Scaled using scale ( ) |
| Economic Value Orientation | Environmental value orientation measured using content analysis of the text based on dictionary developed by Moss et al. (2018) | Scaled using scale ( ) |
| Social Value Orientation | Social value orientation measured using content analysis of the text based on dictionary developed by Moss et al. (2018) | Scaled using scale ( ) |
| Tone Positivity | Tone Positivity measured using content analysis of the text based on dictionary developed by Henry (2008) | Scaled using scale ( ) |
| Tone Negativity | Tone Negativity measured using content analysis of the text based on dictionary developed by Henry (2008) | Scaled using scale ( ) |
| Variables | Measurement | Transformation |
|---|---|---|
| Funding Success (DV) | Achievement of the funding goal | No transformation |
| Information Volume (IV) | Total Information = Sum of information provided through text, image, and video. Based on: | Scaled using |
| Operational Transparency (Costless signal) | The number of work-related terms within the update section. Based on | Scaled using |
| Crowdfunding Experience (Costly signal) | The number of prior crowdfunding projects launched by all team members. Used by multiple prior papers, including | Scaled using |
| Perceived Authenticity (Costless signal) | Seven-point scale on items modified from The description of the campaign seems fake (reverse code) The description of the campaign seems campaign creators seemed to put on an act in this campaign description (reverse code) The campaign creators actually experienced the emotions they describe in this campaign description | Scaled using |
| Perceived Product Quality (Costly signal) | Consensual assessment technique on a 1–10 scale based on ratings provided by three experts ( | Scaled using |
| Goal | Funding goal set by the fund seeker in USD | Scaled using |
| Backers | Number of fund providers willing to contribute | Scaled using |
| Duration | Duration set by the fund seekers to raise the fund | Scaled using |
| Readability | Flesch Reading Ease Score (FRES) | Scaled using |
| Hemmingway App Score | The readability score of the text analyzed by the Hemmingway app | Scaled using |
| Economic Value Orientation | Environmental value orientation measured using content analysis of the text based on dictionary developed by | Scaled using |
| Social Value Orientation | Social value orientation measured using content analysis of the text based on dictionary developed by | Scaled using |
| Tone Positivity | Tone Positivity measured using content analysis of the text based on dictionary developed by | Scaled using |
| Tone Negativity | Tone Negativity measured using content analysis of the text based on dictionary developed by | Scaled using |
Note(s): This table reports how the variables were measured
Source(s): Results from the authors’ own analyses
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