¿“Crowdfunding” como finanzas democráticas? Comprender cómo y por qué los inversores del Reino Unido confían en estos mercados




Palabras clave:

Crowdfunding, Democracia, Finanzas, Comportamiento de los inversores, Confianza


¿Puede el crowdfunding contribuir al reequilibrio del sistema financiero mediante la democratización de la inversión? Este documento comienza a responder a esta pregunta estableciendo cómo y por qué los inversores confían en estos mercados. Ofrecemos dos contribuciones. Primero, a los debates teóricos sobre finanzas democráticas; y segundo, a un cuerpo más empírico de investigación interdisciplinar sobre inversión popular a través de un análisis cualitativo de 52 entrevistas originales con inversores en seis mercados de crowdfunding del Reino Unido. Nuestros datos se toman de un proyecto con la Autoridad de Conducta Financiera del Reino Unido para mejorar la protección de los inversores en estos mercados. Utilizando un enfoque de sociología económica, encontramos que los inversores: movilizan redes integradas para establecer confianza en el crowdfunding; están motivados por las expectativas de «rendimientos combinados»; prefieren herramientas de inversión automatizadas si carecen de experiencia; y típicamente invierten con fondos que han destinado a perder. Concluimos que se requiere una mayor protección de los inversores para la financiación colectiva para ayudar a democratizar las finanzas


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Cómo citar

Davis, M. ., Braunholtz-Speight, T. ., & Wardrop, R. . (2020). ¿“Crowdfunding” como finanzas democráticas? Comprender cómo y por qué los inversores del Reino Unido confían en estos mercados. Revista Internacional De Sociología, 78(4), e173. https://doi.org/10.3989/ris.2020.78.4.m20.005