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Research On Risk Control Of Equity Crowdfunding Platform

Posted on:2021-03-10Degree:MasterType:Thesis
Country:ChinaCandidate:D ZhangFull Text:PDF
GTID:2439330611992320Subject:Accounting
Abstract/Summary:PDF Full Text Request
Equity crowdfunding,as one of the new Internet financial models,has been introduced into China and developed rapidly since 2013.This mode integrates small and micro finance,Internet social networking and information technology,and provides a variety of financing channels.In the past few years,China's equity crowdfunding platform has ups and downs,"transformation" and "bankruptcy" events continue,how to identify and control the risk of equity crowdfunding platform is an important research task.From the perspective of the equity crowdfunding platform,this paper analyzes the risks of the equity crowdfunding platform of crowdfunding customers and the existing risk control system,identifies and evaluates the risks faced by the platform,puts forward reasonable suggestions for the risk prevention of the equity crowdfunding platform in China at this stage,promotes the better development and Application of equity crowdfunding in real life,and expects to make the efficiency of equity crowdfunding The popularization of high and low-cost financing methods has diversified the financing channels of small and medium-sized enterprises in China.Combined with literature research and case analysis and other research methods,this paper takes the crowdfunding platform as the case study object,identifies and evaluates the risks that the platform is easy to face in the operation process,and puts forward suggestions for the risks,which is conducive to promoting the full use and development of equity crowdfunding in practice,and alleviates the relative lack of financing channels for small and medium-sized enterprises to a certain extent.Firstly,this paper combs and analyzes the related research of equity crowdfunding risk.Secondly,the basic concepts and theoretical basis of equity crowdfunding are described,and the source of equity crowdfunding platform risk and the influencing factors of risk are introduced.Thirdly,taking the crowdfunding platform as the case,the paper introduces the basic situation,business model and investment process of the crowdfunding platform.Then,using the existing research on equity crowdfunding platform risk for reference,using the comprehensive induction method and risk tree identification method to identify and summarize the types of risk,and then select the risk.Because the risk of equity crowdfunding platform is complex,disorderly and many,there may be errors in the subjective evaluation of risk.In this paper,the expert scoring method is used to evaluate the risk objectively.Finally,the risk level of equity crowdfunding platform is from high tolow: legal risk,moral risk,default risk,network security risk.Finally,in view of the outstanding risks faced by the equity crowdfunding platform,this paper puts forward some suggestions from the perspective of the platform,such as improving the project risk control system,introducing the third-party fund management,increasing investor education,and establishing the risk compensation mechanism.From the perspective of supervision,it puts forward policies,such as improving laws and regulations,improving the "bottom line" of public securities issuance,and establishing and improving the credit system Discussion.It is found that the development of equity crowdfunding platform in China still faces a series of risk problems,especially legal risk,moral risk,default risk and network security risk.In the existing literature,there are few researches on equity crowdfunding platform.This paper chooses equity crowdfunding platform as the research object.As a link between funders and investors,the importance of the platform is self-evident,so this study complements the risk research from the perspective of equity crowdfunding platform.
Keywords/Search Tags:Equity crowdfunding, Crowdfunding platform, Risk control
PDF Full Text Request
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