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“I Invest by Following Lead Investors!” The Role of Lead Investors in Fundraising Performance of Equity Crowdfunding

Psychological factors play a critical role in affecting investor decisions. This study explores how lead investors influence following investors psychologically, thus affecting fundraising performance of equity crowdfunding. We draw upon the signaling theory and observational learning theory to argu...

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Detalles Bibliográficos
Autores principales: Shen, Tao, Ma, Jiangshui, Zhang, Bin, Huang, Wen, Fan, Fan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7193249/
https://www.ncbi.nlm.nih.gov/pubmed/32390901
http://dx.doi.org/10.3389/fpsyg.2020.00632