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L’ equity crowdfunding , une régulation traditionnelle pour un modèle innovant ?

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  • Johan Bouglet
  • Ghislaine Garmilis

Abstract

The aim of this article is to highlight Equity Crowdfunding Sites? governance mechanisms, through an exploratory research on French Equity Crowdfunding Sites, based on an original database. Challenging a well-documented literature on cognitive mechanisms, the study shows that they tend to promote disciplinary mechanisms, which supposedly ensure shareholders? protection. The key role of Business Angels in the governance system is also addressed.

Suggested Citation

  • Johan Bouglet & Ghislaine Garmilis, 2018. "L’ equity crowdfunding , une régulation traditionnelle pour un modèle innovant ?," Revue française de gestion, Lavoisier, vol. 0(4), pages 107-133.
    • Handle: RePEc:cai:rfglav:rfg_273_0107
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