Research On The Supervision Of Equity Crowdfunding Platform

Stake in the raise is the common entrepreneurial boom and the combination of the financial development of the Internet.Stake in the raise from 2014 in our country,has experienced the preliminary development stage of explosive growth,adjusting the industry reshuffle,now done with basic industry adjustment,into a smooth development.Equity raise must rely on the development of the Internet platform,the platform to transfer project financing project information,set online financing transactions,cast after the fund transfer,project management,and other important responsibilities,so for all stake in the regulation of the raised platform is an important part of the equity and the raise industry.Our country academic circles the raised platform regulation related to equity research mainly study on the level of legal system,in the light of the empirical research of the platform,further expand,and few empirical studies on platform regulation.In brief equity after the raise related concepts and analyzed the basic situation of the stake in the raise industry in China,and the development situation of the raised platform.Induces the equity in the regulation of the raised platform status quo and existing problems of foreign equity is analyzed and the raised platform related regulation system.In empirical study,mainly related to input and output index usesDEA model to analyze the regulation efficiency of equity in our country the raised platform,found that even selected from continuing operations of empirical data well deserved better platform,but the measure of the raise regulatory efficiency is still unsatisfactory.On this basis,the Suggestions of perfecting our country's stake in the raised platform regulation put forward from the internal control and external regulation in two ways to strengthen the supervision of equity the raised platform of policy recommendations.In the external supervision should be emphasized to make clear of the raise regulatory target,strengthen the regulation of raise the stakes in the legislation,establish reasonable access to the equity of the raised platform system.In the internal supervision should be set out to establish an effective due diligence and information disclosure mechanism,strengthen the investor protection system design.