Managing risk in business centric crowdfunding platforms

Peter Stack; Joseph Feller; Phillip O'Reilly; Rob Gleasure; Shangping Li; Jerry Cristoforo

doi:10.1145/3125433.3125460

Managing risk in business centric crowdfunding platforms

Peter Stack
, Joseph Feller
, Phillip O'Reilly
, Rob Gleasure
, Shangping Li
, Jerry Cristoforo

Cork University Business School

Zhejiang University
State Street Corporation

Research output: Chapter in Book/Report/Conference proceedings › Conference proceeding › 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
Publisher	Association for Computing Machinery, Inc
ISBN (Electronic)	9781450351874
DOIs	https://doi.org/10.1145/3125433.3125460
Publication status	Published - 23 Aug 2017
Event	13th International Symposium on Open Collaboration, OpenSym 2017 - Galway, Ireland Duration: 23 Aug 2017 → 25 Aug 2017

Publication series

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

Conference

Conference	13th International Symposium on Open Collaboration, OpenSym 2017
Country/Territory	Ireland
City	Galway
Period	23/08/17 → 25/08/17

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 10 Reduced Inequalities
SDG 17 Partnerships for the Goals

Keywords

Crowdfunding
Regulation
Risk
Self-Governance.

Access to Document

10.1145/3125433.3125460

Cite this

Stack, P., Feller, J., O'Reilly, P., Gleasure, R., Li, S., & Cristoforo, J. (2017). Managing risk in business centric crowdfunding platforms. In Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017 Article A24 (Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017). Association for Computing Machinery, Inc. https://doi.org/10.1145/3125433.3125460

@inproceedings{1aa5ddbf1d9b4baeb59ef441a0b2a0d8,

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, Regulation, Risk, Self-Governance.",

author = "Peter Stack and Joseph Feller and Phillip O'Reilly and Rob Gleasure and Shangping Li and Jerry Cristoforo",

note = "Publisher Copyright: {\textcopyright} 2017 ACM.; 13th International Symposium on Open Collaboration, OpenSym 2017 ; Conference date: 23-08-2017 Through 25-08-2017",

year = "2017",

month = aug,

day = "23",

doi = "10.1145/3125433.3125460",

language = "English",

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

publisher = "Association for Computing Machinery, Inc",

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

}

Stack, P, Feller, J , O'Reilly, P, Gleasure, R, Li, S & Cristoforo, J 2017, Managing risk in business centric crowdfunding platforms. in Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017., A24, Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017, Association for Computing Machinery, Inc, 13th International Symposium on Open Collaboration, OpenSym 2017, Galway, Ireland, 23/08/17. 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. Association for Computing Machinery, Inc, 2017. A24 (Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017).

Research output: Chapter in Book/Report/Conference proceedings › Conference proceeding › 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, Shangping

AU - Cristoforo, Jerry

PY - 2017/8/23

Y1 - 2017/8/23

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 - Regulation

KW - Risk

KW - Self-Governance.

UR - https://www.scopus.com/pages/publications/85029702952

U2 - 10.1145/3125433.3125460

DO - 10.1145/3125433.3125460

M3 - Conference proceeding

AN - SCOPUS:85029702952

T3 - Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017

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

PB - Association for Computing Machinery, Inc

T2 - 13th International Symposium on Open Collaboration, OpenSym 2017

Y2 - 23 August 2017 through 25 August 2017

ER -

Stack P, Feller J , O'Reilly P, Gleasure R, Li S, Cristoforo J. Managing risk in business centric crowdfunding platforms. In Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017. Association for Computing Machinery, Inc. 2017. A24. (Proceedings of the 13th International Symposium on Open Collaboration, OpenSym 2017). doi: 10.1145/3125433.3125460

Managing risk in business centric crowdfunding platforms

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

Other files and links

Fingerprint

Cite this