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Author: Tim Meierkord
Publisher: GRIN Verlag
ISBN: 3668541043
Category : Business & Economics
Languages : en
Pages : 87
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Book Description
Bachelor Thesis from the year 2017 in the subject Business economics - Investment and Finance, grade: 2,1, University of applied sciences, Cologne, language: English, abstract: This thesis is based on the general problem of how and where to raise capital to achieve their defined goals. Crowdinvesting is a new method, but yet largely unexplored, possibility to do so. Especially for young and innovative companies seeking capital to kick-start their business, crowdinvesting has been labeled as a new trend. The following research focusses on the question: What are the motives, chances, and risks from a company's perspective regarding the new phenomenon of crowdinvesting? Crowdinvesting is the process where investors are approached about the financing of these young and innovative companies, but sometimes also established companies or selected projects are financed. The basic principle of crowdinvesting is that individual persons on the internet invest money in a company and in turn receive the right to participate in the success of the business. In return, the companies receive the financing amount as equity or debt capital. The thesis aims to contribute to a more detailed understanding of crowdinvesting from a theoretical and empirical perspective. Due to its innovative character, most information about crowdinvesting is at the moment based on working papers, a few specialist books, and database entries. The present thesis uses the existing literature as a core to explain the concept. To ensure a profound understanding of the topic of crowdinvesting, this thesis begins with a theoretical framework in chapter 2. The chapter describes the theory of the new institutional economics and the basics of financing, including the most common financing methods. Chapter 3 then introduces the crowd as a supporting and financing instrument for companies. In particular, the concepts of crowdsourcing, crowdfunding, and crowdinvesting are expounded and illustrated with examples. Subsequently, following the theoretical aspects, the crowdinvesting market in Germany is empirically analyzed and the financing option of crowdinvesting is critically appraised in chapter 4 to answer the research question. To conclude, the findings of the previous chapters are summarized and an outlook is given within a discussion.
Author: Tim Meierkord
Publisher: GRIN Verlag
ISBN: 3668541043
Category : Business & Economics
Languages : en
Pages : 87
Get Book Here
Book Description
Bachelor Thesis from the year 2017 in the subject Business economics - Investment and Finance, grade: 2,1, University of applied sciences, Cologne, language: English, abstract: This thesis is based on the general problem of how and where to raise capital to achieve their defined goals. Crowdinvesting is a new method, but yet largely unexplored, possibility to do so. Especially for young and innovative companies seeking capital to kick-start their business, crowdinvesting has been labeled as a new trend. The following research focusses on the question: What are the motives, chances, and risks from a company's perspective regarding the new phenomenon of crowdinvesting? Crowdinvesting is the process where investors are approached about the financing of these young and innovative companies, but sometimes also established companies or selected projects are financed. The basic principle of crowdinvesting is that individual persons on the internet invest money in a company and in turn receive the right to participate in the success of the business. In return, the companies receive the financing amount as equity or debt capital. The thesis aims to contribute to a more detailed understanding of crowdinvesting from a theoretical and empirical perspective. Due to its innovative character, most information about crowdinvesting is at the moment based on working papers, a few specialist books, and database entries. The present thesis uses the existing literature as a core to explain the concept. To ensure a profound understanding of the topic of crowdinvesting, this thesis begins with a theoretical framework in chapter 2. The chapter describes the theory of the new institutional economics and the basics of financing, including the most common financing methods. Chapter 3 then introduces the crowd as a supporting and financing instrument for companies. In particular, the concepts of crowdsourcing, crowdfunding, and crowdinvesting are expounded and illustrated with examples. Subsequently, following the theoretical aspects, the crowdinvesting market in Germany is empirically analyzed and the financing option of crowdinvesting is critically appraised in chapter 4 to answer the research question. To conclude, the findings of the previous chapters are summarized and an outlook is given within a discussion.
Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
ISBN: 1589063953
Category : Business & Economics
Languages : en
Pages : 35
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Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Author: Steven Dresner
Publisher: John Wiley & Sons
ISBN: 1118492978
Category : Business & Economics
Languages : en
Pages : 277
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Book Description
A groundbreaking book on the growing trend of crowdfunding Crowdfunding has gained considerable traction over the last few years. By combining the Internet/social media with equity-based financing, it is poised to usher in a new asset class that will change how early stage and small business financing transactions are consummated. Author Steven Dresner, Founder and CEO of Dealflow.com, understands the nuances of how crowdfunding can help companies gain much needed access to capital, and now he shares those insights with you. Engaging and informative, this book will serve the needs of a global audience comprising entrepreneurs, financiers, and other professionals. It skillfully addresses the market dynamics that are catapulting crowdfunding into the mainstream and explores essential issues ranging from planning an online campaign, post-transaction management, and business planning to securities law and tax issues. Puts the business of crowdfunding in perspective with a look at the current marketplace, overview of important data, and legitimate concerns Examines effective techniques for communicating with the crowd Details equity-based financing and other sources such as debt instruments Contains contributions from a wide array of individuals involved in the worlds of finance, law and accounting, social media, marketing, as well as DealFlow Media's own staff Crowdfunding affords-start ups and other smaller businesses better access to capital via the Internet/social media. It also allows an investor of any size to back a business of their choosing. This new book will show you what this process entails and how it can benefit everyone involved.
Author: Rotem Shneor
Publisher: Springer Nature
ISBN: 3030463095
Category : Business enterprises
Languages : en
Pages : 543
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Book Description
This open access book presents a comprehensive and up-to-date collection of knowledge on the state of crowdfunding research and practice. It considers crowdfunding models and their different manifestations across a variety of geographies and sectors, and explores the perspectives of fundraisers, backers, platforms, and regulators. Gathering insights from a wide range of influential researchers in the field, the book balances concepts, theory, and case studies. Going beyond previous research on crowdfunding, the contributors also investigate issues of community, sustainability, education, and ethics. A vital resource for anyone researching crowdfunding, this book offers readers a deep understanding of the characteristics, business models, user-relations, and behavioural patterns of crowdfunding.
Author: Theo Lynn
Publisher: Springer
ISBN: 3030023303
Category : Business & Economics
Languages : en
Pages : 194
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Book Description
This open access Pivot demonstrates how a variety of technologies act as innovation catalysts within the banking and financial services sector. Traditional banks and financial services are under increasing competition from global IT companies such as Google, Apple, Amazon and PayPal whilst facing pressure from investors to reduce costs, increase agility and improve customer retention. Technologies such as blockchain, cloud computing, mobile technologies, big data analytics and social media therefore have perhaps more potential in this industry and area of business than any other. This book defines a fintech ecosystem for the 21st century, providing a state-of-the art review of current literature, suggesting avenues for new research and offering perspectives from business, technology and industry.
Author: Nripendra P. Rana
Publisher: Springer Nature
ISBN: 3030243745
Category : Business & Economics
Languages : en
Pages : 337
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Book Description
This book examines issues and implications of digital and social media marketing for emerging markets. These markets necessitate substantial adaptations of developed theories and approaches employed in the Western world. The book investigates problems specific to emerging markets, while identifying new theoretical constructs and practical applications of digital marketing. It addresses topics such as electronic word of mouth (eWOM), demographic differences in digital marketing, mobile marketing, search engine advertising, among others. A radical increase in both temporal and geographical reach is empowering consumers to exert influence on brands, products, and services. Information and Communication Technologies (ICTs) and digital media are having a significant impact on the way people communicate and fulfil their socio-economic, emotional and material needs. These technologies are also being harnessed by businesses for various purposes including distribution and selling of goods, retailing of consumer services, customer relationship management, and influencing consumer behaviour by employing digital marketing practices. This book considers this, as it examines the practice and research related to digital and social media marketing.
Author: Gregor Dorfleitner
Publisher: Springer
ISBN: 331954666X
Category : Business & Economics
Languages : en
Pages : 130
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Book Description
This book focuses on market developments of crowdfunding, crowdinvesting, crowdlending, social trading, robo-advice, personal financial management, online payment and mobile payment in Germany. FinTech companies are an important driver of innovation in the financial industry. By making financial transactions more user-friendly and transparent, these firms potentially contribute to financial stability and economic growth. The authors define and categorize the different market segments that have emerged. They further provide an assessment of current market volumes and make forecasts for the next 5, 10 and 20 years. Particular attention is given to the empirical findings resulting from scholarly research. Furthermore, the authors evaluate how the German FinTech market ranks relative to international standards. This book will appeal to finance and entrepreneurship researchers as well as practitioners from banking and tech industries. “This book offers a fresh and fascinating look at the FinTech market. The authors provide a rigorous economic analysis of the FinTech market in Germany and offer many insights that are of interest to practitioners, academics, and policymakers alike.” –Professor Douglas Cumming, Schulich School of Business “Germany is one of the fastest growing FinTech markets in Europe. This book not only provides a comprehensive and systematic overview on the developments and actors, but undertakes a visionary outlook on the forthcoming decades based on scientific methods.” –Dr. Thomas Puschmann, Head of Swiss FinTech Innovation Lab
Author: Douglas Cumming
Publisher: Springer
ISBN: 3319661191
Category : Business & Economics
Languages : en
Pages : 291
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Book Description
This book focuses on various types of crowdfunding and the lessons learned from academic research. Crowdfunding, a new and important source of financing for entrepreneurs, fills a funding gap that was traditionally difficult to close. Chapters from expert contributors define and carefully evaluate the various market segments: donation-based and reward-based crowdfunding, crowdinvesting and crowdlending. They further provide an assessment of startups, market structure, as well as backers and investors for each segment. Attention is given to the theoretical and empirical findings from the recent economics and finance literature. Furthermore, the authors evaluate relevant regulatory efforts in several jurisdictions. This book will appeal to finance, entrepreneurship and legal scholars as well as entrepreneurs and platform operators.
Author: Seungho Jung
Publisher: International Monetary Fund
ISBN: 1557759677
Category : Business & Economics
Languages : en
Pages : 36
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Book Description
We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has experienced large and unpredictable geopolitical swings that originate from North Korea. To do so, a monthly index of geopolitical risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the occurrence of nuclear tests, missile launches, or military confrontations, and decreases significantly around the times of summit meetings or multilateral talks. Using firm-level data, we find that heightened geopolitical risk reduces stock returns, and that the reductions in stock returns are greater especially for large firms, firms with a higher share of domestic investors, and for firms with a higher ratio of fixed assets to total assets. These results suggest that international portfolio diversification and investment irreversibility are important channels through which geopolitical risk affects stock returns.
Author: Manal Fouad
Publisher: International Monetary Fund
ISBN: 1513576569
Category : Business & Economics
Languages : en
Pages : 61
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Book Description
Investment in infrastructure can be a driving force of the economic recovery in the aftermath of the COVID-19 pandemic in the context of shrinking fiscal space. Public-private partnerships (PPP) bring a promise of efficiency when carefully designed and managed, to avoid creating unnecessary fiscal risks. But fiscal illusions prevent an understanding the sources of fiscal risks, which arise in all infrastructure projects, and that in PPPs present specific characteristics that need to be addressed. PPP contracts are also affected by implicit fiscal risks when they are poorly designed, particularly when a government signs a PPP contract for a project with no financial sustainability. This paper reviews the advantages and inconveniences of PPPs, discusses the fiscal illusions affecting them, identifies a diversity of fiscal risks, and presents the essentials of PPP fiscal risk management.
