Determinants of equity crowdfunding performance in Malaysia / Najwa Azman

• Main Author: Azman, Najwa
• Format: Thesis
• Language: English
• Published: 2022
• Online Access: https://ir.uitm.edu.my/id/eprint/99791/1/99791.pdf; https://ir.uitm.edu.my/id/eprint/99791/

The purpose of this study is to see how capital raising, duration, firm establishment, business liquidity, and equity offers relationship to the success of equity crowdfunding in Malaysia. Secondary data were acquired from the pitchin platform from 2015 to 2021, and regression analysis was used to conduct the study. The results showed that higher capital raised, the firm establishment, liquidity of the company, and the equity offers have negative relationship with the probability of crowdfundings performance.However, a longer campaign time is correlated with a better chance of performance with crowfundings. Despite its limitations, this study is focus on the determinants of equity crowfundings performance in Malaysia and indeed useful for entrepreneurs, business, crowdfundings platforms operators, and academics.