Tourism industry is the strongest economy in the world. Romania is based on a high tourism potential. The economic crisis has also affected tourism, but the sector's characteristics made possible adjustments in order to maintain a satisfactory level of indicators. This paper aims to analyze the...

The aim of this study is to explore the previously unresearched outcomes of firms funded through equity crowdfunding, a novel type of entrepreneurial finance. We study the outcomes of a sample of 337 firms funded on equity crowdfunding platforms in Europe between 2009 and 2014. By incorporating...