创新项目股权众筹融资绩效的影响因素研究

被引:130
作者
郑海超 [1 ]
黄宇梦 [1 ]
王涛 [1 ]
陈冬宇 [2 ]
机构
[1] 西南财经大学经济信息工程学院
[2] 不详
基金
中央高校基本科研业务费专项资金资助;
关键词
股权众筹; 融资绩效; 信号理论; 不确定性;
D O I
暂无
中图分类号
F724.6 [电子贸易、网上贸易]; F832.4 [信贷]; F832.51 [];
学科分类号
1201 ;
摘要
基于互联网平台的股权众筹为创新项目融资提供了新的渠道,本文研究众筹项目融资绩效的影响因素,这是创业者和平台共同关注的重要话题。作者基于信号理论从不确定性、投资风险、人力资本3个维度构建理论模型,采集我国知名众筹平台大家投的运营数据检验假设。结果显示项目动态更新次数、项目估值、员工人数、股东人数显著地影响众筹项目融资绩效,因此有效地传递项目质量和创业者能力的信号有助于项目融资成功。
引用
收藏
页码:130 / 138
页数:9
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