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Peer-to-business lending refers to online platforms facilitating loans from individuals to smalland medium-sized enterprises (SMEs). We conjecture that easy-to-understand risk ratings conveyed by the platform play a pronounced role in influencing the borrowing success of SMEs and that more...
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We conjecture that marketplace lending provokes an increase in the quantity of entrepreneurship, particularly in more regionally disadvantaged areas, albeit at lower average quality. Using a fuzzy regression discontinuity design that exploits exogenous variation in borrowers’ access to...
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financial resources in an equity crowdfunding context. We examine the impact of firms' financial roadmaps (e.g., preplanned exit … successful equity crowdfunding. External certification, by contrast, has little or no impact on success. We also discuss the …
Persistent link: https://www.econbiz.de/10013065256
Crowdfunding platform due diligence comprises background checks, site visits, credit checks, cross-checks, account … type or complexity of crowdfunding campaigns. In addition, we find that platforms applying due diligence provide more …
Persistent link: https://www.econbiz.de/10012902563
This paper investigates whether gender, age, ethnicity, and geography affect the choice of equity crowdfunding … both more likely to launch equity crowdfunding offerings than IPOs, and have higher chances to successfully complete an … equity crowdfunding offering. Remotely located companies are more likely to launch equity crowdfunding offerings than IPOs …
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