CEU eTD Collection (2019); Saulebayeva, Daniya: Does the Media Mislead Investors? Evidence from Equity Crowdfunding

CEU Electronic Theses and Dissertations, 2019
Author Saulebayeva, Daniya
Title Does the Media Mislead Investors? Evidence from Equity Crowdfunding
Summary In the thesis, I mainly investigate the effect of media coverage on firms’ survival after a successful crowdfunding campaign. Using a data set based on the UK equity crowdfunding platform Crowdcube, I analyze a sample of 260 successfully funded campaigns in years 2013-2015. The results reveal that media coverage is a significant predictor of a firm’s survival rate. Moreover, a firm’s survival rate is increasing in the number of investors. Furthermore, CEO/founder’s startup and industry experience dos not have significant effect on a firm’s survival rate.
Supervisor Lee, Soomin
Department Economics MA
Full texthttps://www.etd.ceu.edu/2019/saulebayeva_daniya.pdf

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