Crowdfunding

Chapter 9

Equity crowdfunding and governance

Abstract

This chapter provides an overview of equity crowdfunding models and various theoretical perspectives on equity crowdfunding.

Keywords

Entrepreneurship; entrepreneurial finance; crowdfunding; crowdfunding governance; crowdfunding models; equity crowdfunding; crowdfunding theory

9.1 Introduction

Attention to corporate governance has intensified over the last three decades, reflecting changes in ownership structures, the globalization of financial markets, and the occurrence of the global financial crisis (Wright et al., 2013). Some have taken a relatively narrow view of corporate governance, defining it as “the ways in which suppliers of finance to corporations assure themselves of getting a return ...