 Crowdfunding; Low Risk Finance for Businesses- A Comparative StudyV. S Abhilash and
G Raju
Post-Print from HAL Abstract: Crowdfunding has arisen as a method of financing ideas and transforming them into projects, particularly those hard to fund in light of their suitable source of finance. Anyone can contribute monetarily, either to acquire a prize or unselfishly for the fulfilment of having worked together on a project. Subsequently, a twofold goal is accomplished, getting the account for its turn of events and at the same time acquiring customers, since customer and advertiser are a constant piece of the strategy in this kind of project. The depth of the risks section has no influence on funding success, so descriptions of potential risks are neither valued nor have a negative influence. The cost of capital is rising alarmingly and affects inversely on expansion, diversification and new ventures of corporates. Crowdfunding which is the result of modern technology can quench the scarcity of finance at lower risk. Founders who are active on the crowdfunding platform and also fund other projects have a higher chance of funding success compared to those founders who have not been active on the platform at present. Date: 2021-05-28 Published in Asian Journal of Economics, Finance and Management , 2021, 3 (1), pp.222-234 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05188205 Access Statistics for this paper More papers in Post-Print from HAL |
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