References
- Ahlers, G. K., Cumming, D., Gunther, C., & Schweizer, D.(2015). Signaling in equity crowdfunding. Entrepreneurship theory and practice, 39(4), 955-980. https://doi.org/10.1111/etap.12157
- Ajzen, I.(1985). From intentions to actions: A theory of planned behavior. In Kuhi, J. & Beckmann, J. (Eds.), Actioncontrol: From cognition to behavior, 11-39, Heidelberg: Springer.
- Ajzen, I.(1991). The theory of planned behavior. Organizational behavior and human decision processes, 50(2), 179-211. https://doi.org/10.1016/0749-5978(91)90020-t
- Ajzen, I., & Fishbein, M.(1980). Understanding attitudes and predicting social behavior. Engle-wood-Cliffs, N.J.: Prentice-Hall.
- Ajzen, I., & Madden, T. J.(1986). Prediction of goal-directed behavior: Attitudes, intentions, and perceived behavioral control. Journal of experimental social psychology, 22(5), 453-474. https://doi.org/10.1016/0022-1031(86)90045-4
- Anderson, J. C., & Gerbing, D. W.(1988). Structural equation modeling in practice: A review and recommended two-step approach. Psychological bulletin, 103(3), 411. https://doi.org/10.1037//0033-2909.103.3.411
- Armitage, C. J., & Conner, M.(2001). Efficacy of the theory of planned behaviour: A meta‐analytic review. British journal of social psychology, 40(4), 471-499. https://doi.org/10.1348/014466601164939
- Baddeley, M. C., Curtis, A., & Wood, R.(2004). An introduction to prior information derived from probabilistic judgements: elicitation of knowledge, cognitive bias and herding. Geological Society, London, Special Publications, 239(1), 15-27. https://doi.org/10.1144/GSL.SP.2004.239.01.02
- Bae, B. R.(2017). Amos 24 Structural Equation Modeling, Seoul: Cheongram.
- Banerjee, A. V.(1992). A Simple Model of Herd Behavior. The Quarterly Journal of Economics, 107(3), 797-817. https://doi.org/10.2307/2118364
- Bayer, J. K., & Peay, M. Y.(1997). Predicting intentions to seek help from professional mental health services. Australian and New Zealand Journal of Psychiatry, 31(4), 504-513. https://doi.org/10.3109/00048679709065072
- Bikhchandani, S., Hirshleifer, D., & Welch, I.(1992). A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades. Journal of Political Economy, 100(5), 992-1026. https://doi.org/10.1086/261849
- Bikhchandani, S., & Sharma S.(2001). Herd behavior in financial markets. IMF Staff papers, 47(3), 279-310.
- Bonabeau, E.(2004). The perils of the imitation age. Harvard business review, 82(6), 45-54, 135.
- Boudewyns, V.(2013). A meta-analytical test of perceived behavioral control interactions in the theory of planned behavior. Doctoral dissertation, Graduate School of the University of Maryland.
- Cho, H. I.(2005). Application of Planned Behavior Theory to Predict Golf Participation Intention and Sustainable Behavior. Journal of Korean Physical Education Association, 44(3), 277-285.
- Cho, Y. A.(2017). The Process of Expression of Career Management Behavior of Adult Workers by Applying Planning Theory of Behavior. Career Education Research, 30(1), 224-242. https://doi.org/10.32341/JCER.2017.03.30.1.224
- Choi, S. W., Lee, D. Y., Kim, W. J., & Kang, J. W. (2017). An Empirical Analysis for Successful Crowdfunding. Asia-Pacific Journal of Business Venturing and Entrepreneurship, 12(2), 55-63. https://doi.org/10.16972/APJBVE.12.2.201704.55
- Chun, C. M.(2013). Directions and Challenges of Securities Crowdfunding System. Seoul: Capital Market Institute.
- Dellarocas, C.(2003). The digitization of word of mouth: Promise and challenges of online feedback mechanisms. Management science, 49(10), 1407-1424. https://doi.org/10.1287/mnsc.49.10.1407.17308
- Dohmen, T., Falk, A., Huffman, D., & Sunde, U.(2010). Are risk aversion and impatience related to cognitive ability?. American Economic Review, 100(3), 1238-1260. https://doi.org/10.1257/aer.100.3.1238
- Duan, W., Gu, B., & Whinston, A. B.(2009). Informational Cascades and Software Adoption on the Internet: An Empirical Investigation. MIS Quarterly, 33(1), 23-48. https://doi.org/10.2307/20650277
- Fishbein, M., & Ajzen, I.(1975). Belief, attitude, intention, and behavior: an introduction to theory and research. Reading, Mass., Addison-Wesley.
- Fornell, C., & Larcker, D. F.(1981). Structural equation models with unobservable variables and measurement error: Algebra and statistics. Journal of Marketing Research, 18(3), 382-388 https://doi.org/10.1177/002224378101800313
- Fu, W. W., & Sim C. C.(2011). Aggregate bandwagon effect on online videos' viewership: Value uncertainty, popularity cues, and heuristics. Journal of the American Society for Information Science and Technology, 62(12), 2382-2395. https://doi.org/10.1002/asi.21641
- Godin, G., & Kok, G.(1996). The theory of planned behavior: a review of its applications to health-related behaviors. American journal of health promotion, 11(2), 87-98. https://doi.org/10.4278/0890-1171-11.2.87
- Guirado, C. E., de Ibarreta Zorita, C. M., & Castro, C. G.(2018). Beyond signed t-shirts: A socio-technological model of equity crowdfunding adoption. Journal of Innovation Economics Management, (2), 137-172.
- Hair, J. F., Black, W. C., Babin, B. J., Anderson, R. E., & Tatham, R. L.(2006). Multivariate data analysis.(Vol. 6), NJ: Pearson Prentice Hall.
- Han, J. H., & Cho, G.(2015). Entrepreneurial Intentions for University Students Based on Theory of Planned Behaviors. Asia-Pacific Journal of Business Venturing and Entrepreneurship, 10(1), 111-118. https://doi.org/10.16972/APJBVE.10.1.201502.111
- Han, S. J.(2009). The Effect of Oral Health Promotion Program on Low-Income Children Using the Planned Behavior Theory (TPB). Doctoral dissertation, Graduate School of Hanyang University.
- Hausenblas, H. A., Carron, A. V., & Mack, D. E.(1997). Application of the theories of reasoned action and planned behavior to exercise behavior: A meta-analysis. Journal of sport and exercise psychology, 19(1), 36-51. https://doi.org/10.1123/jsep.19.1.36
- Heo, J. Y., & Choi, H. H.(2008). The Relationship between Participation Intention and Sustainable Behavior of Adventure Sports by Applying Planned Behavior Theory. Korean Journal of Physical Education, 17(2), 355-367.
- Huang, J. H., & Chen Y. F.(2006). Herding in online product choice. Psychology & Marketing, 23(5), 413-428. https://doi.org/10.1002/mar.20119
- Jia, J., & Lee, C. G.(2018). The Effect of Crowdfunding Factors on Participational Intention -A Case of Chinese Participants. Digital Convergence Research, 16(3), 237-247.
- Jung, J. Y., & Min, J. H.(2019). A Study on the Development Process and Characteristics of Domestic Securities-type Crowdfunding-Focusing on the Status and Process of Improvements after 2016. Business History Study, 34(3), 77-98.
- Kang, S. M., & Kim, T. J.(2007). An Empirical Study on the Effect of External Information on Purchase Decision Process in Online Shopping Mall-Based Electronic Commerce. Journal of information technology applications & management, 14(4), 97-120.
- Kang, Y. K.(2017). A Study on the Use of Investment Crowdfunding and Legal Regulation. Anam Law, 52, 257-286.
- Kim, J. H., Bae, J. K., & Jeon, H. C.(2010). An Analysis of the Influence of Information Cascades between Offline Oral and Online Reviews. Korean Journal of Electronic Commerce, 15(1), 39-60.
- Kim, K. B., Han, J. W., & Kim, D. K.(2018). Validation of Predictive Models for Sustained Use of Public Bicycles through Extended Plan Action Theory. Korean Journal of Athletic Science, 27(2), 737-750.
- Kim, S. D., & Jeon, I. O.(2017). Factors Affecting Intention to Participate in Crowdfunding. Journal of Korean Institute of Intelligent Systems, 27(2), 150-156. https://doi.org/10.5391/JKIIS.2017.27.2.150
- Kim, Y. D., & Jung, H. S.(2018). Effectiveness Analysis of Crowdfunding. Financial Research, 32(3), 129-167.
- Kim, Y. K., Yang, K. M., & Lim, B. H.(2005). Influence of Information Cascade and Personal Characteristics on Blogging Intention. Management Informatics Study, 15(4), 89-107.
- Klepper, R.(2002). Informational Cascades and New Technology Acquisition in IT. DIGIT 2002 Proceedings, 1.
- Knyazeva, A., & Ivanov V. I.(2017). Soft and hard information and signal extraction in securities crowdfunding. 2nd Emerging Trends in Entrepreneurial Finance Conference.
- Korea Securities Depository(2019). Crowdnet Funding Success Status. Retrieved 2020.01.09. from https://www.crowdnet.or.kr/statistics/success_outline.jsp.
- Lee, A. R., Lee, S. J., Kim, K. K., & Kwon, H. J.(2016). A Study on the Promotion of Public Investment through Crowdfunding Platform. The Journal of the Korea Contents Association, 16 (11), 644-660. https://doi.org/10.5392/JKCA.2016.16.11.644
- Lee, H. S.(2014). Analysis of Instructional Behavioral Intentions for Students with Disabilities by Preliminary Gymnasts Applying Planning Behavior Theory. Korean Journal of Athletic Science, 23(4), 825-835. https://doi.org/10.3346/jkms.2014.29.6.825
- Lee, M. K., & Han, D. W.(2001). Food Intake Behavior by Eating Inhibition, Pre-Food Intake, and Public Self-Employment. Korean Journal of Psychology: Health, 6(1), 209-233.
- Lee, S. S.(2011). Applying the theory of planning action for predicting screen golf participation intention and sustained behavior. Korean Journal of Physical Education, 20(1), 327-338.
- Lee, Y. G., & Suh, K. B.(2016). Integration of Planned Behavior Theory and Socio-Ecological Models to Explain Movement Intention. Korean Journal of Physical Education, 55(5), 117-125.
- Lee, Y. S.(2016). A Study on the Behaviors of Female Consumers with Preschool Children. Doctoral dissertation, Graduate School of Ewha Womans University.
- Lim, T. Y.(2013). A Study on the Use of B2B Online Personality Service. Doctoral dissertation, Graduate School of Sungkyunkwan University.
- Li, X.(2004). Informational cascades in IT adoption. Communications of the ACM, 47(4), 93-97. https://doi.org/10.1145/975817.975824
- Li, X., & Hitt, L. M.(2008). Self-selection and information role of online product reviews. Information Systems Research, 19(4), 456-474. https://doi.org/10.1287/isre.1070.0154
- Lukkarinen, A., Teich, J. E., Wallenius, H., & Wallenius, J.(2016). Success drivers of online equity crowdfunding campaigns. Decision Support Systems, 87, 26-38. https://doi.org/10.1016/j.dss.2016.04.006
- Madden, T. J., Ellen, P. S., & Ajzen, I.(1992). A comparison of the theory of planned behavior and the theory of reasoned action. Personality and social psychology Bulletin, 18(1), 3-9. https://doi.org/10.1177/0146167292181001
- National Statistical Office(2019). Administrative Survival Statistics as of 2018. Retrieved 2020.01.09. from http://kostat. go.kr/portal/korea/kor_nw/1/1/index.board?bmode = read&aSeq=379236.
- Park, B. J.(2010). Voluntary Behavior, News, and Volatility in Financial Markets. Journal of the Korean Securities Association, 39(1), 1-29.
- Park, H. J., & Kong, K. S.(2019). The Current Status and Implications of Securities-type Crowdfunding. Seoul: Korea Capital Market Institute.
- Shin, Y. D., & Lee, S. H.(2017). A Study on Factors Affecting the Achievement of Domestic Securities Crowdfunding: Focusing on the Moderating Effect of Number of Investors. Industrial Convergence Research, 15(2), 45-56.
- Shin, H. T.(2017). Limit of Guardianship Protection for Crowdfunding Investors and Ways to Revitalize Funding Platform. Securities Law Study, 18(3), 81-111.
- Simon, H. A.(1982). Models of bounded rationality. vol. 2, Behavioral economics and business organization, MIT Press.
- Sohn, Y. G., & Lee, B. K.(2012). A Meta-analysis of the Usefulness of Social Cognitive Behavior Models Applying Planned Behavior Theory. Korean Journal of Journalism, 56(6), 127-161.
- Son, Y. H.(2018). A Study on Improvement of Securities-type Crowdfunding System. Securities Law Study, 19(3), 141-191.
- Sung, H. H.(2013). A study on establishing a regulatory framework for equity investment crowdfunding. Securities Law Study, 14(2), 391-421.
- Vismara, S.(2016). Information cascades among investors in equity crowdfunding. Entrepreneurship Theory and Practice.
- Welch, I.(1992). Sequential sales, learning, and cascades. The Journal of finance, 47(2), 695-732. https://doi.org/10.1111/j.1540-6261.1992.tb04406.x
- Yoo, H. M., & Kwon, W.(2011). The Relationships Between the Participation of Life Dance, Sustainability and Exercise Addiction. Korean Journal of Social Sports, 46(1), 657-666.
- Zheng, H., Li, D., Wu, J., & Xu, Y.(2014). The Role of Multidimensional Social Capital in Crowdfunding: A Comparative Study in China and US. Information & Management, 51(4), 488-496. https://doi.org/10.1016/j.im.2014.03.003