Rating of equity crowdfunding platforms - Archive ouverte HAL Accéder directement au contenu
Article Dans Une Revue Finance Research Letters Année : 2023

Rating of equity crowdfunding platforms

Résumé

This paper examines the impact of a rating of equity crowdfunding platforms on funding campaign success. We hand-collect data from five renown Chinese equity crowdfunding platforms on 583 fundraising campaigns between 2016 to 2021. Our analyses reveal the valuable signaling effect of the platform ratings. A one-unit difference in the rating category affects the funding success between approximately 8 % to 13 %, depending on the respective regression specifications.
Fichier non déposé

Dates et versions

hal-04533424 , version 1 (04-04-2024)

Identifiants

Citer

Sophie Pommet, Aurélie Sannajust, Qing Xu. Rating of equity crowdfunding platforms. Finance Research Letters, 2023, 58, pp.104639. ⟨10.1016/j.frl.2023.104639⟩. ⟨hal-04533424⟩
4 Consultations
0 Téléchargements

Altmetric

Partager

Gmail Facebook X LinkedIn More