An insight to Malaysian crowdfunding success

In this study, we attempt to determine the factors affecting crowdfunding success in the context of Malaysia, with special look into the variates minimum investment and policy by using secondary data from the reward-based crowdfunding platform, Mystatr. Three types of binary model specifications, wh...

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Main Authors: Lew, Jian Liang, Cheah, Shi Qing, Cheah, Yi Yee, Chew, Hui Lian, Tang, Siok Man
Format: Final Year Project / Dissertation / Thesis
Published: 2019
Subjects:
Online Access:http://eprints.utar.edu.my/3563/
http://eprints.utar.edu.my/3563/1/fyp_BF_2019_LJL.pdf
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author Lew, Jian Liang
Cheah, Shi Qing
Cheah, Yi Yee
Chew, Hui Lian
Tang, Siok Man
author_facet Lew, Jian Liang
Cheah, Shi Qing
Cheah, Yi Yee
Chew, Hui Lian
Tang, Siok Man
author_sort Lew, Jian Liang
building UTAR Institutional Repository
collection Online Access
description In this study, we attempt to determine the factors affecting crowdfunding success in the context of Malaysia, with special look into the variates minimum investment and policy by using secondary data from the reward-based crowdfunding platform, Mystatr. Three types of binary model specifications, which includes Linear Probability Model, Logistic Regression, Probit Regression were employed in this study to ensure robustness of results. We find that project goal, minimum investment, number of backers can predict the success of projects listed on the Malaysian crowdfunding platform, while number of comments and duration does not influence crowdfunding success. This study proposes that policymakers start providing more education to Malaysians about both crowdfunding and reward-based crowdfunding projects in Malaysia, crowdfunding platforms limit the ability of having a choice of crowdfunding policy to the project owner, and start examining the possibilities of regulating reward-based crowdfunding to protect the interests of investors.
first_indexed 2025-11-15T19:30:29Z
format Final Year Project / Dissertation / Thesis
id utar-3563
institution Universiti Tunku Abdul Rahman
institution_category Local University
last_indexed 2025-11-15T19:30:29Z
publishDate 2019
recordtype eprints
repository_type Digital Repository
spelling utar-35632019-09-03T14:53:13Z An insight to Malaysian crowdfunding success Lew, Jian Liang Cheah, Shi Qing Cheah, Yi Yee Chew, Hui Lian Tang, Siok Man HG Finance In this study, we attempt to determine the factors affecting crowdfunding success in the context of Malaysia, with special look into the variates minimum investment and policy by using secondary data from the reward-based crowdfunding platform, Mystatr. Three types of binary model specifications, which includes Linear Probability Model, Logistic Regression, Probit Regression were employed in this study to ensure robustness of results. We find that project goal, minimum investment, number of backers can predict the success of projects listed on the Malaysian crowdfunding platform, while number of comments and duration does not influence crowdfunding success. This study proposes that policymakers start providing more education to Malaysians about both crowdfunding and reward-based crowdfunding projects in Malaysia, crowdfunding platforms limit the ability of having a choice of crowdfunding policy to the project owner, and start examining the possibilities of regulating reward-based crowdfunding to protect the interests of investors. 2019-03-27 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/3563/1/fyp_BF_2019_LJL.pdf Lew, Jian Liang and Cheah, Shi Qing and Cheah, Yi Yee and Chew, Hui Lian and Tang, Siok Man (2019) An insight to Malaysian crowdfunding success. Final Year Project, UTAR. http://eprints.utar.edu.my/3563/
spellingShingle HG Finance
Lew, Jian Liang
Cheah, Shi Qing
Cheah, Yi Yee
Chew, Hui Lian
Tang, Siok Man
An insight to Malaysian crowdfunding success
title An insight to Malaysian crowdfunding success
title_full An insight to Malaysian crowdfunding success
title_fullStr An insight to Malaysian crowdfunding success
title_full_unstemmed An insight to Malaysian crowdfunding success
title_short An insight to Malaysian crowdfunding success
title_sort insight to malaysian crowdfunding success
topic HG Finance
url http://eprints.utar.edu.my/3563/
http://eprints.utar.edu.my/3563/1/fyp_BF_2019_LJL.pdf