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- W4366292013 abstract "This paper investigates the impact of financial availability on illegal fundraising activities in China. By collecting 14,481 judgement documents from 2013 to 2019 in China Judgements Online and extracting data, we find that financial availability effectively reduces the amount of money invested, the actual loss and the number of related court cases. This effect remains robust under various robustness specifications. In addition, we find that the attention of investors can increase the negative impact of financial availability on illegal fundraising." @default.
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- W4366292013 date "2023-04-17" @default.
- W4366292013 modified "2023-10-01" @default.
- W4366292013 title "Illegal fundraising and financial availability——The evidence from court cases in China" @default.
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- W4366292013 doi "https://doi.org/10.1080/13504851.2023.2203442" @default.
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