The Risk of Securities-based Crowd-funding in China and its Preventive Measures

DOI

10.2991/rac-16.2016.84How to use a DOI?

Keywords

Securities-based crowdfunding; FAHP; Risk-prevention

Abstract

In recent years, securities-based crowdfunding has been developed rapidly in China. But investors are facing the risk of information asymmetry, law, financial business, operation and information security. This paper sorts the risks by using FAHP, and shows that: the degree of prominence from high to low is information asymmetry risk, law risk, financial business risk, operation risk and information security risk. Therefore, the governor should implement the system of mandatory disclosure of information, make immunity for small public issuing, ensure that the share would be resoled freely and keep circulation channels unobstructed , strengthen the construction of information security system and finally implement the investor protection system, so as to promote securities-based crowd-funding to develop in a healthy way.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ronggang Zhang
AU  - Runheng Wang
PY  - 2016/11
DA  - 2016/11
TI  - The Risk of Securities-based Crowd-funding in China and its Preventive Measures
BT  - Proceedings of the 7th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention
PB  - Atlantis Press
SP  - 525
EP  - 530
SN  - 1951-6851
UR  - https://doi.org/10.2991/rac-16.2016.84
DO  - 10.2991/rac-16.2016.84
ID  - Zhang2016/11
ER  -