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
Majumdar2018.pdf - Published Version
Restricted to Repository staff only
Download (250kB) | Request a copy
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 |
Downloads
Downloads per month over past year