Sociofinance

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Applied Economics and Finance".

Deadline for manuscript submissions: closed (31 August 2021) | Viewed by 5967

Special Issue Editor


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Guest Editor
College of Business Administration/Finance, University of Central Florida, Orlando, FL 32816, USA
Interests: behavioral economics and finance; corporate governance; fintech; institutions; culture

Special Issue Information

Dear Colleagues,

Sociofinance (also known as social finance) is an emerging subfield of economics that studies the implications of social factors for financial behavior. Our preferences, limitations, and aspirations are profoundly shaped by the surrounding norms, customs, and social pressures. Social factors are particularly important for finance. What is the objective of the firm? How do labor relations affect industries and markets? What determines corporate governance arrangements? Why do asset price bubbles form? When is lending predatory? What constrains fraudulent behavior? The answers to these fundamental questions are deeply rooted in the social environments. 

Historically, most social factors have been relatively stable partly due to the limited mobility of people across areas and socio-economic groups. Recent developments in technology, however, have made the world smaller and more transparent. As a result, the impact of the social environment on individual behavior has intensified. Economic and finance phenomena would be increasingly more difficult to understand without taking these developments into consideration.

This Special Issue welcomes conceptual papers (of around 3,000 words), as well as full-length articles on various topics that pertain to social finance. Both empirical and theoretical papers would be considered. 

Prof. Dr. Christo Pirinsky
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Finance
  • Asset pricing
  • Corporate finance
  • Social influence
  • Social norms
  • Culture
  • Networks
  • Trust

Published Papers (1 paper)

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Research

13 pages, 576 KiB  
Article
The Road from Money to Happiness
by Gabriela Mihaela Mureșan, Melinda Timea Fülöp and Cristina Ciumaș
J. Risk Financial Manag. 2021, 14(10), 459; https://doi.org/10.3390/jrfm14100459 - 27 Sep 2021
Cited by 11 | Viewed by 5365
Abstract
Nowadays, companies must be concerned with the levels of satisfaction and happiness of employees. Hence, this paper proposes to investigate the links between salary and happiness through an exploratory study with a quasi-experimental design. The sample included 376 respondents, and we employed structured [...] Read more.
Nowadays, companies must be concerned with the levels of satisfaction and happiness of employees. Hence, this paper proposes to investigate the links between salary and happiness through an exploratory study with a quasi-experimental design. The sample included 376 respondents, and we employed structured equation modeling (SEM) in ADANCO. Prior to evaluating the structural model, the goodness of fit shows moderate/excellent values. Our empirical results show a positive relationship between salary and happiness, salary and life satisfaction, salary and financial satisfaction, financial satisfaction and life satisfaction, and financial satisfaction and happiness. Thus, we consider that our research contributes to the literature by analyzing the relationship between income and happiness in a developing country such as Romania. Congruent with previous findings, we consider that our results provide evidence of the road from salary to happiness in developing countries. Full article
(This article belongs to the Special Issue Sociofinance)
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