Managing Risk in Business Centric Crowdfunding Platforms

Peter Stack, Joseph Feller, Phillip O’Reilly, Rob Gleasure, Shanping Li, Jerry Cristiforo

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

Abstract

Crowdfunding is a rapidly growing phenomenon and is becoming a viable alternative to traditional financial institutions for small business fund seekers. Crowdfunding involves harnessing small individual investments from a large number of investors. This paper explores four key risks associated with crowdfunding: Money Laundering, IP Theft, Fraud, and “Failure by Success.” The paper then outlines key research questions for the next stage of the research, which will empirically investigate how crowdfunding platforms self-govern against these risks.
Original languageEnglish
Title of host publicationProceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017 : OpenSym
Number of pages4
Place of PublicationNew York
PublisherAssociation for Computing Machinery
Publication date2017
Article number24
ISBN (Print)9781450351874
ISBN (Electronic)9781450351874
DOIs
Publication statusPublished - 2017
Externally publishedYes
Event13th International Symposium on Open Collaboration. OpenSym 2017 - National University of Ireland, Galway, Ireland
Duration: 23 Aug 201725 Aug 2017
Conference number: 13
https://opensym.org/os2017/

Conference

Conference13th International Symposium on Open Collaboration. OpenSym 2017
Number13
LocationNational University of Ireland
CountryIreland
CityGalway
Period23/08/201725/08/2017
Internet address

Bibliographical note

CBS Library does not have access to the material

Keywords

  • Crowdfunding
  • Risk
  • Regulation
  • Self-governance

Cite this

Stack, P., Feller, J., O’Reilly, P., Gleasure, R., Li, S., & Cristiforo, J. (2017). Managing Risk in Business Centric Crowdfunding Platforms. In Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017: OpenSym [24] New York: Association for Computing Machinery. https://doi.org/10.1145/3125433.3125460