A Risky Way of Doing Good - Combining Personality and Cognitive Variables in a New Hierarchical Model of Investment Risk-taking in Social Entrepreneurship

A Risky Way of Doing Good - Combining Personality and Cognitive Variables in a New Hierarchical Model of Investment Risk-taking in Social Entrepreneurship

Author: 
Chipeta, Eleanor Meda
Place: 
Oxon
Publisher: 
Taylor and Francis
Date published: 
2022
Record type: 
Region: 
Responsibility: 
Venter, Philipp Kruse Robert, jt. author
Journal Title: 
Journal of African Business
Source: 
Journal of African Business, Vol. 23 No. 3, 2022 pp. 775-793
ISSN: 
1522-9076 Online: 1522-8916
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.

Language: 

CITATION: Chipeta, Eleanor Meda. A Risky Way of Doing Good - Combining Personality and Cognitive Variables in a New Hierarchical Model of Investment Risk-taking in Social Entrepreneurship . Oxon : Taylor and Francis , 2022. Journal of African Business, Vol. 23 No. 3, 2022 pp. 775-793 - Available at: https://library.au.int/risky-way-doing-good-combining-personality-and-cognitive-variables-new-hierarchical-model-investment