CEU Electronic Theses and Dissertations, 2019
Author | Saulebayeva, Daniya |
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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 text | https://www.etd.ceu.edu/2019/saulebayeva_daniya.pdf |
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