Managing Risk in Business Centric Crowdfunding Platforms

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

doi:10.1145/3125433.3125460

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 proceeding › Article in proceedings › Research › peer-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 language	English
Title of host publication	Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017 : OpenSym
Number of pages	4
Place of Publication	New York
Publisher	Association for Computing Machinery
Publication date	2017
Article number	24
ISBN (Print)	9781450351874
ISBN (Electronic)	9781450351874
DOIs	https://doi.org/10.1145/3125433.3125460
Publication status	Published - 2017
Externally published	Yes
Event	13th International Symposium on Open Collaboration. OpenSym 2017 - National University of Ireland, Galway, Ireland Duration: 23 Aug 2017 → 25 Aug 2017 Conference number: 13 https://opensym.org/os2017/

Conference

Conference	13th International Symposium on Open Collaboration. OpenSym 2017
Number	13
Location	National University of Ireland
Country/Territory	Ireland
City	Galway
Period	23/08/2017 → 25/08/2017
Internet address	https://opensym.org/os2017/

Keywords

Crowdfunding
Risk
Regulation
Self-governance

Access to Document

10.1145/3125433.3125460Licence: Unspecified

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Cite this

@inproceedings{4495b0d5dde5494b9e6607e5e53eddfe,

title = "Managing Risk in Business Centric Crowdfunding Platforms",

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.",

keywords = "Crowdfunding, Risk, Regulation, Self-governance, Crowdfunding, Risk, Regulation, Self-governance",

author = "Peter Stack and Joseph Feller and Phillip O{\textquoteright}Reilly and Rob Gleasure and Shanping Li and Jerry Cristiforo",

year = "2017",

doi = "10.1145/3125433.3125460",

language = "English",

isbn = "9781450351874",

booktitle = "Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017",

publisher = "Association for Computing Machinery",

address = "United States",

note = "13th International Symposium on Open Collaboration. OpenSym 2017 ; Conference date: 23-08-2017 Through 25-08-2017",

url = "https://opensym.org/os2017/",

}

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, Association for Computing Machinery, New York, 13th International Symposium on Open Collaboration. OpenSym 2017, Galway, Ireland, 23/08/2017. https://doi.org/10.1145/3125433.3125460

Managing Risk in Business Centric Crowdfunding Platforms. / Stack, Peter; Feller, Joseph; O’Reilly, Phillip et al.
Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017: OpenSym. New York: Association for Computing Machinery, 2017. 24.

Research output: Chapter in Book/Report/Conference proceeding › Article in proceedings › Research › peer-review

TY - GEN

T1 - Managing Risk in Business Centric Crowdfunding Platforms

AU - Stack, Peter

AU - Feller, Joseph

AU - O’Reilly, Phillip

AU - Gleasure, Rob

AU - Li, Shanping

AU - Cristiforo, Jerry

N1 - Conference code: 13

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N2 - 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.

AB - 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.

KW - Crowdfunding

KW - Risk

KW - Regulation

KW - Self-governance

KW - Crowdfunding

KW - Risk

KW - Regulation

KW - Self-governance

U2 - 10.1145/3125433.3125460

DO - 10.1145/3125433.3125460

M3 - Article in proceedings

SN - 9781450351874

BT - Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017

PB - Association for Computing Machinery

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Y2 - 23 August 2017 through 25 August 2017

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