Protection of crowdfunders: A typology of equity crowdfunding platforms through governance mechanisms

2022 ◽  
Vol Prépublication (0) ◽  
pp. 20-XXVI
Author(s):  
Johan Bouglet ◽  
Ghislaine Garmilis ◽  
Olivier Joffre
2009 ◽  
pp. 85-96 ◽  
Author(s):  
E. Rustamov

The article considers strategic issues of modernization of the transition economy. The analysis is based on the methodology of the World Economic Forum where special attention is paid to the sequence of the transformation stages. The main conclusion is that modernization should combine implementation of the governance mechanisms with the beneficial use of comparative advantages of the national culture. In fact, modernization of the transition economy should be evolutionary. It is precisely this course of development that is relevant for Azerbaijan which has successfully upgraded its economy in the recent years.


Author(s):  
V.N. Kurdyukov ◽  
◽  
A.I. Lebedev ◽  
A. Ademu ◽  
M. Hamdi ◽  
...  

The article examined different views on population with a view to identifying major trends. Social processes that impede the transition to sustainable development within existing governance mechanisms have been identified. It is noted that due to the high social dynamics, the exit from the "modernization trap" is to be sought both by territories with high natural growth of the population, and economically attractive regions with indicators of natural decline of the population. At the same time, social dynamics in different territories in modern conditions involve the risk of its use for the benefit of different social groups and can act as a manageable factor. In order to increase the sustainability of development, in resolving the contradictions of the existing socio-economic system, it is necessary to take into account the peculiarities of agricultural territories and to develop self-sufficient models of their development.


Author(s):  
Vincenzo Butticè ◽  
Silvio Vismara

AbstractNowadays equity crowdfunding plays an important role in the entrepreneurial finance markets. To better understand the functioning of the industry, it is important to consider the entire equity crowdfunding process and all the actors involved. Equity crowdfunding platforms match indeed the demand of capital from entrepreneurial ventures with the supply of capital by investors. This manuscript is a first step in this direction, by (1) comparing equity crowdfunding with traditional sources of entrepreneurial finance; (2) discussing the potential and the perils of equity crowdfunding for inclusivity and democratization; (3) highlighting the role of visual information in digital finance; and (4) providing first insights on the industrial dynamics in equity crowdfunding. The paper gives researchers and practitioners orientation about recent developments in equity crowdfunding literature and provides relevant research directions.


2021 ◽  
Vol 17 (2) ◽  
pp. 249-260
Author(s):  
John Harrington

AbstractThe spread of COVID-19 has seen a contest over health governance and sovereignty in Global South states, with a focus on two radically distinct modes: (1) indicators and metrics and (2) securitisation. Indicators have been a vehicle for the government of states through the external imposition and internal self-application of standards and benchmarks. Securitisation refers to the calling-into-being of emergencies in the face of existential threats to the nation. This paper contextualises both historically with reference to the trajectory of Global South states in the decades after decolonisation, which saw the rise and decline of Third-World solidarity and its replacement by neoliberalism and global governance mechanisms in health, as in other sectors. The interaction between these modes and their relative prominence during COVID-19 is studied through a brief case-study of developments in Kenya during the early months of the pandemic. The paper closes with suggestions for further research and a reflection on parallel trends within Global North states.


Author(s):  
Vladimiro Marini ◽  
Massimo Caratelli ◽  
Gian Paolo Stella ◽  
Ilaria Barbaraci

AbstractPrivate equity is a source of finance and a governance device characterised by active monitoring through sponsors that intervene in targets’ corporate governance. As sponsors are skilled and motivated acquirors, we investigated whether corporate governance mechanisms mitigate leveraged targets’ risk of financial distress differently compared to non-acquired companies through the lenses of agency theory and resource-based theories. We found that targets and non-acquired companies are not significantly different in terms of corporate governance features, but sponsors are skilled enough to choose corporate governance members to mitigate risk more, especially when boards are smaller, have busier industry expert directors, and mandate execution to more managers. These results can be useful to targets, targets’ investors and lenders, and policymakers.


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