Majumdar, Arjya B.
  
(2018)
Regulatory arbitrage in cross- border crowdfunding.
    
      In: 
      The Oxford handbook of IPOs.
    
    
    
    Oxford University Press, United States of America, pp. 746-771.
     ISBN 9780190614577
  
  
  
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Abstract
In the aftermath of the 2008 financial crisis, small businesses found it increasingly difficult to raise funds. As a response, equity crowdfunding has emerged as a viable alternative for sourcing capital to support innovative, entrepreneurial ideas and ventures. A number of securities regulators across the world have dealt with, or are in the process of dealing with, equity crowdfunding as a disruptive innovation to established processes of corporate fundraising. However, most equity crowdfunding regulations do not take into account one critical aspect of crowdfunding—that of cross-border crowdfunding. Using a comparative analysis of a number of jurisdictions around the world in their treatment of equity crowdfunding, this chapter argues that in jurisdictions where crowdfunding activities are unregulated or have a low threshold of regulations, the opportunities arising from the resultant regulatory arbitrage could then be used by fund-seeking companies based in jurisdictions where crowdfunding is prohibited or highly regulated.
| Item Type: | Book Section | 
|---|---|
| Keywords: | Cross-border | Crowdfunding | Equity | Regulation | Regulatory arbitrage | Securities | 
| Subjects: | Social Sciences and humanities > Economics, Econometrics and Finance > Economics | 
| JGU School/Centre: | Jindal Global Law School | 
| Depositing User: | Mr Sombir Dahiya | 
| Date Deposited: | 06 Jan 2022 06:48 | 
| Last Modified: | 06 Jan 2022 06:48 | 
| Official URL: | https://doi.org/10.1093/oxfordhb/9780190614577.001... | 
| URI: | https://pure.jgu.edu.in/id/eprint/593 | 
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