Equity Crowdfunding and Financial performance of United Kingdom Firms
thesis
posted on 2024-10-31, 04:58authored byKaddijatou Manneh
This thesis investigates the effect of Equity Crowdfunding (ECF) on financial performance of firms using a sample of 258 ECF firms that successfully fundraised via the big 3 ECF platforms and 160 non-ECF firms in the UK. The results indicate that ECF firms exhibit lower profitability compared to non-ECF firms.