Demand-driven securities regulation: evidence from crowdfunding

By Douglas J. Cumming, Sofia Johan. 2013

123 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Management Information Systems

View Paper: https://www.semanticscholar.org/paper/898f755e0a0eb43eaeb55d11d1492e7d421b8d7b

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Xavier Walthoff‐Borm
2. Tom Vanacker
3. Armin Schwienbacher
4. Douglas J. Cumming
5. Silvio Vismara
6. Sofia Johan

In Economics and Econometrics

1. Tom Vanacker
2. Xavier Walthoff‐Borm
3. Armin Schwienbacher
4. Douglas J. Cumming

In Management Information Systems

1. Tom Vanacker
2. Xavier Walthoff‐Borm
3. Armin Schwienbacher
4. Silvio Vismara

Citations in the corpus

• Crowdfunding models: Keep‐It‐All vs. All‐Or‐Nothing (2019, unknown): “Related studies on crowdfunding have examined equity crowdfunding (Ahlers et al., 2015; Cumming and Johan, 2013; Hornuf and Schwienbacher, 2014a, 2014b).”
• Equity crowdfunding: First resort or last resort? (2017, background): “Moreover, the equity crowdfunding context provides a context in which prospective funders of firms are likely primarily driven by financial motives similar to traditional financiers of entrepreneurship (Cholakova and Clarysse, 2015; Cumming and Johan, 2013).”
• Equity retention and social network theory in equity crowdfunding (2016, unknown): “Based on the ease with which the internet facilitates cross-jurisdictional investment, Cumming and Johan (2013) expect that investor demand will give rise to a “race to the top” in the regulation of crowdfunding.”
• Is the crowd sensitive to distance?—how investment decisions differ by investor type (2017, unknown): “This is especially relevant in a crowdfunding context (Cumming and Johan 2013; Cumming et al. 2014; Mollick 2014), which again leads us to expect less sensitivity to geographic distance among Accredited investors.”
• Signaling in Equity Crowdfunding (2015, unknown): “…paper has examined signaling in the context of equity crowdfunding (although for related work on crowd financing, see Agrawal, Catalini, & Goldfarb, 2011; Burtch, Ghose, & Wattal, 2013; Colombo, Franzoni, & Rossi-Lamastra, 2014; Cumming & Johan, 2013; Mollick, 2014; Schwienbacher & Larralde, 2010).”
• Information Cascades among Investors in Equity Crowdfunding (2015, unknown): “Hence, not to lose the opportunity of a successful campaign, late investors tend to fund campaigns that have received many investments previously and are close to reaching their target (Cumming & Johan, 2013).”
• Equity Crowdfunding and Governance: Toward an Integrative Model and Research Agenda (2019, unknown): “Similar to these financiers, in equity crowdfunding, potential monetary returns and the reduction of information asymmetries related to entrepreneurs‘ skills and firms‘ prospects are primary concerns (Ahlers et al., 2015; Cholakova and Clarysse, 2015; Cumming and Johan, 2013; Vismara, 2018).”