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Equity Crowdfunding Success for Female Entrepreneurs: French Evidence

Guillaume Andrieu (), Benjamin Le pendeven () and Gaël Leboeuf ()
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Guillaume Andrieu: Montpellier Business School & University of Montpellier
Benjamin Le pendeven: Audencia Business School
Gaël Leboeuf: Lyon 2 University

Economics Bulletin, 2021, vol. 41, issue 2, 417-431

Abstract: A large body of literature documents the significant difficulties experienced by female entrepreneurs in obtaining early-stage funding from investors. We investigate this issue in the emerging equity crowdfunding (ECF) context. Our results, based on data from four French ECF platforms, confirm that the feminisation of top management significantly reduces the likelihood of funding, suggesting that crowdfunding does not alleviate the difficulties that women face in raising funds to begin start-ups.

Keywords: Crowdfunding; Gender; Female entrepreneurship; Entrepreneurial Finance (search for similar items in EconPapers)
JEL-codes: J1 L2 (search for similar items in EconPapers)
Date: 2021-04-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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