Table 1

Measurement of variables

VariablesMeasurementTransformation
Funding Success (DV)Achievement of the funding goalNo 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)
  • 1.

    The description of the campaign seems fake (reverse code)

  • 2.

    The description of the campaign seems campaign creators seemed to put on an act in this campaign description (reverse code)

  • 3.

    The campaign creators actually experienced the emotions they describe in this campaign description

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
GoalFunding goal set by the fund seeker in USDScaled using scale ( )
BackersNumber of fund providers willing to contributeScaled using scale ( )
DurationDuration set by the fund seekers to raise the fundScaled using scale ( )
ReadabilityFlesch Reading Ease Score (FRES)Scaled using scale ( )
Hemmingway App ScoreThe readability score of the text analyzed by the Hemmingway appScaled using scale ( )
Economic Value OrientationEnvironmental value orientation measured using content analysis of the text based on dictionary developed by Moss et al. (2018) Scaled using scale ( )
Social Value OrientationSocial value orientation measured using content analysis of the text based on dictionary developed by Moss et al. (2018) Scaled using scale ( )
Tone PositivityTone Positivity measured using content analysis of the text based on dictionary developed by Henry (2008) Scaled using scale ( )
Tone NegativityTone Negativity measured using content analysis of the text based on dictionary developed by Henry (2008) Scaled using scale ( )

Note(s): This table reports how the variables were measured

Source(s): Results from the authors’ own analyses

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