Go to content
UR Home

Market Mechanisms and Funding Dynamics in Equity Crowdfunding

Hornuf, Lars and Schwienbacher, Armin (2017) Market Mechanisms and Funding Dynamics in Equity Crowdfunding. Journal of Corporate Finance.

[img]
Preview
License: Creative Commons Attribution 4.0
PDF - Published Version
Download (1MB)
Date of publication of this fulltext: 24 Jan 2018 10:43

at publisher (via DOI)


Abstract

Equity crowdfunding is a new form of entrepreneurial finance, in which investors do not receive perks or engage in pre-purchase of the product, but rather participate in the future cash flows of a firm. In this paper, we analyze what determines individual investment decisions in this new financial market. One important factor that may influence the behavior of investors is the way the portal ...

plus


Export bibliographical data



Item type:Article
Date:6 September 2017
Institutions:Business, Economics and Information Systems > Institut für Betriebswirtschaftslehre > Lehrstuhl für Finanzierung (Prof. Dr. Gregor Dorfleitner)
Identification Number:
ValueType
10.1016/j.jcorpfin.2017.08.009DOI
Keywords:Equity crowdfunding, Crowdinvesting, Startups, Securities issuance, Investment dynamics, Entrepreneurial finance
Dewey Decimal Classification:300 Social sciences > 330 Economics
Status:Published
Refereed:Yes, this version has been refereed
Created at the University of Regensburg:No
Item ID:36499
Owner only: item control page

Downloads

Downloads per month over past year

  1. Homepage UR

University Library

Publication Server

Contact:

Publishing: oa@ur.de

Dissertations: dissertationen@ur.de

Research data: daten@ur.de

Contact persons