This book covers the major ideas of crowdfunding, including learning market demand ( crowd wisdom ), online signalling, and network benefits. It also covers the most recent developments, such as the role of behavioural finance in crowdfunding, the links between crowdfunding and spot sales strategies, and crowdfunding regulation. It explores the role of asymmetric information and agency problems in crowdfunding and explores why many crowdfunding campaigns fail, and why many of them are subjects of fraud. Additionally, the book looks at crowdfunding as a part of financing for small companies,…mehr
This book covers the major ideas of crowdfunding, including learning market demand ( crowd wisdom ), online signalling, and network benefits. It also covers the most recent developments, such as the role of behavioural finance in crowdfunding, the links between crowdfunding and spot sales strategies, and crowdfunding regulation. It explores the role of asymmetric information and agency problems in crowdfunding and explores why many crowdfunding campaigns fail, and why many of them are subjects of fraud.
Additionally, the book looks at crowdfunding as a part of financing for small companies, a very important topic in recent years. It explores the different types of crowdfunding and the historical aspects of crowdfunding development, including the JOBS act of 2012. It analyzes the role of crowdfunding in fintech area and compares crowdfunding with other innovative ways of financing including token issues. It combines theoretical results with examples, exercises, and applications, and will be of interest to students, researchers, and policymakers of entrepreneurial finance and financial technology.
Anton Miglo has taught at leading universities in North America and Europe during his academic carrier including University of Glasgow, University of East Anglia, University of Guelph and most recently Wilfried Laurier University in Canada. His teaching experience includes courses like, among others, Fundamentals of Crowdfunding and Crowdfunding and Token Issues. Dr. Miglo is the author of more than 30 academic publications, including articles in Small Business Economics, North American Journal of Finance and Economics, The Journal of Economics and Business, The Journal of Economics , Manchester School, and Quarterly Journal of Economics and Finance, three book chapters, and numerous conference proceedings. His area of expertise includes corporate finance and financial economics. Victor Miglo is an investment analyst at CEM Benchmarking where his role consists of building relationships with some of the largest pension funds in the world and delivering insightful benchmarking analysis on their investment portfolios. Victor completed a Masters in Finance at the University of British Columbia and an Honours Bachelor of Science in Financial Economics at the University of Toronto. Victor has written numerous papers in the fields of capital structure, asset pricing and crowdfunding including a publication in the top journal Small Business Economics and a book chapter with the leading publisher Palgrave MacMillan.
Inhaltsangabe
Section 1 Basic Ideas of Crowdfunding. Chapter 1 Introduction. Chapter 2 Different Types of Crowdfunding. Chapter 3 Crowdfunding, Learning “Crowd Wisdom” and Signaling. Chapter 4 Crowdfunding and Moral Hazard Problems. Chapter 5 Crowdfunding, Network Benefits and Behavioural Biases. Section 2. Different Topics. Chapter 6 Crowdfunding vs. Other Types of Financing/Investment. Chapter 7 Crowdfunding, Spot Sales and Discounting Cost. Chapter 8 Crowdfunding Regulation and Bankruptcy. Chapter 9 Crowdfunding and Fintech Developments. Chapter 10 Crowdfunding Examples Analysis. Chapter 10 Crowdfunding Examples Analysis. Ending thoughts.