Which Securities Regulation Promotes Crowdinvesting?

Published: Jan 1, 2014
Abstract
In this paper, we show that too strong investor protection may harm small firms and entrepreneurial initiatives, which contrasts with the traditional ‘law & finance’ view that stronger investor protection is better. This situation is particularly relevant in crowdinvesting, which refers to a recent financial innovation originating on the Internet and targets small, innovative firms. In many jurisdictions, securities regulation offers exemptions...
Paper Details
Title
Which Securities Regulation Promotes Crowdinvesting?
Published Date
Jan 1, 2014
Journal
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