Endre søk
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf
Financing Success through Equity crowdfunding: The case of Start-ups and SMEs funded on a European crowdfunding platform
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Företagsekonomi.
Högskolan i Jönköping, Internationella Handelshögskolan, IHH, Företagsekonomi.
2017 (engelsk)Independent thesis Advanced level (degree of Master (One Year)), 10 poäng / 15 hpOppgave
Abstract [en]

Due to changes of regulations in the banking sector after the credit crunch, equity crowdfunding has become an alternative funding source in raising capital for small and medium sized enterprises, that face a lack of financial resources or trustworthiness.

The aim of this thesis is to identify the determinants of a successful equity crowdfunding project. We base the study on a sample of 398 projects pitched on an equity crowdfunding platform (Crowdcube) between 2011-2016. The analysis of the cross-section dataset is conducted of Logit, Ordinary Least Squares (OLS) and Negative Binomial regression models.

The results show that the more investors participate in the investment, the higher is the success of equity crowdfunding. Moreover, a higher equity participation offered to the investors also has a positive impact on the financing success. However, a prior crowdfunding history of the company does not raise its reliability. Moreover, technology companies are less trusted by the investors and less successful on equity crowdfunding platform. Depending on the model used, start-up companies usually gain a higher success with their pitch, which can be positively influenced by a high social media presence. 

sted, utgiver, år, opplag, sider
2017. , s. 47
Emneord [en]
equity crowdfunding, success drivers, entrepreneur finance, funding gap
HSV kategori
Identifikatorer
URN: urn:nbn:se:hj:diva-35863ISRN: JU-IHH-FÖA-2-20170352OAI: oai:DiVA.org:hj-35863DiVA, id: diva2:1106260
Fag / kurs
IHH, Business Administration
Veileder
Examiner
Tilgjengelig fra: 2017-06-14 Laget: 2017-06-07 Sist oppdatert: 2017-06-14bibliografisk kontrollert

Open Access i DiVA

fulltext(1160 kB)1229 nedlastinger
Filinformasjon
Fil FULLTEXT01.pdfFilstørrelse 1160 kBChecksum SHA-512
b5ad9a055f29b3ec1170b3e6af5a6f91dd53c9ebf6ca62ddb15e8797a129fcb9ed8c8045714ca9e12fb0e2e6a7c0bca5b8307fdf51da79fb7a3d35b0101b02c4
Type fulltextMimetype application/pdf

Av organisasjonen

Søk utenfor DiVA

GoogleGoogle Scholar
Totalt: 1229 nedlastinger
Antall nedlastinger er summen av alle nedlastinger av alle fulltekster. Det kan for eksempel være tidligere versjoner som er ikke lenger tilgjengelige

urn-nbn

Altmetric

urn-nbn
Totalt: 1019 treff
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf