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A Risky Way of Doing Good – Combining Personality and Cognitive Variables in a New Hierarchical Model of Investment Risk-taking in Social Entrepreneurship
Journal of African Business ( IF 2.1 ) Pub Date : 2021-03-31 , DOI: 10.1080/15228916.2021.1907157
Eleanor Meda Chipeta 1 , Philipp Kruse 2 , Robert Venter 1
Affiliation  

ABSTRACT

Social entrepreneurship (SE) combines the aspirations to create financial and social values. However, an SE-career is also considered risky and susceptible to failure. Despite a growing body of research examining the motivation of social entrepreneurs, studies on antecedents of investment risk-taking in SE are rare. The current study aims at crafting and empirically testing a hierarchical model comprising personality and cognitive antecedents of SE investment risk-taking. Using structural equation modeling and a sample of 411 business students, we find several direct effects of cognitive and indirect effects of personality variables. SE-scholars and educators should pay attention to this complex interplay in future studies and SE-courses.



中文翻译:

一种行善的冒险方式——在社会企业家投资风险承担的新层次模型中结合个性和认知变量

摘要

社会企业家精神(SE)结合了创造财务和社会价值的愿望。然而,SE 职业也被认为是有风险的并且容易失败。尽管越来越多的研究考察了社会企业家的动机,但关于社会企业投资风险前因的研究却很少。目前的研究旨在制作和实证测试一个分层模型,该模型包含 SE 投资风险承担的个性和认知前因。使用结构方程模型和 411 名商科学生的样本,我们发现认知变量的几个直接影响和人格变量的间接影响。SE 学者和教育工作者在未来的研究和 SE 课程中应该注意这种复杂的相互作用。

更新日期:2021-03-31
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