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This book questions the ability of crowdfunding (especially in the lending and equity-based models) to contribute to the development of European businesses, and therefore, to the relaunch of the European economy. Following a mainly micro (firm-based) approach, the study investigates the advantages of crowd investors’ increased role both in making financial resources available to the industrial base, thus reinvigorating economic growth across the European Union. The book reframes contemporary issues surrounding corporate finance and develops relevant knowledge to help companies succeed when it comes to securing the means to grow. It provides new and interesting insights into the alternative...
Financial management encompasses a set of complex activities that should be performed by a professional financial manager. Some financial decisions are riskier than others, and as such can result in higher or lower profitability. This risk-return trade-off is the key aspect of financial management. Furthermore, a financial director’s propensity to take risks can lead to less or more conservative financial decisions. This study firstly provides theoretical issues on financial management and the results of previous research, while the second part is empirical, showing the methodology and results of the authors’ research. Apart from CFO risk attitude, the book also examines CFO power. The b...
This book examines the impact of epidemics in Africa, exploring some of the adaptation and crisis management strategies adopted to tackle COVID-19, Ebola, and HIV-AIDS. The authors reflect on lessons learned from solving complex problems and difficult decisions made by leaders on pandemic management to shape the security environment and, thus, the well-being of people living in Africa for years to come. Drawing on cases from across the continent, the book demonstrates that, significantly, during the COVID-19 pandemic, African countries and communities frequently displayed regional solidarity, creativity in decision-making, decisiveness in dealing with corruption and opportunism, and resilien...
Introducing the business models, organisational structures, and fundamentals of orchestras, this book takes readers on a journey through the evolution of orchestra management. The author explores the dynamics between artistic excellence and financial sustainability. Key aspects of orchestra management are examined in detail, including artistic programming, strategic planning, financial and compliance/legal matters, audience development, resilience and adaptability, governance and board relations, diversity and inclusion, partnerships, and the role of technology and innovation. With actionable resources, such as checklists, templates, and frameworks, for current and future orchestra leaders and managers, this comprehensive guide empowers readers in education and practice to navigate the complexities of orchestra management confidently and effectively.
Focusing on artists and creators, this shortform book analyses the labour market in the creative economy in the context of cultural policies. Based on a series of studies involving Polish artists spanning 10 years, the book identifies the key factors needed to understand contemporary labour markets in the creative and cultural sectors worldwide. The authors integrate artists’ perspectives to present truly rounded evidence, shedding light on the applicational perspective of the research findings. Illuminating the socioeconomic status of artists in Poland, this book is essential reading for researchers interested in cultural policy and the creative economy, as well as work and labour studies more broadly. It will also be of interest to practitioners in the creative and cultural industries.
This interdisciplinary book analyses the regional economic integration and its institutionalisation that has been pursued in East Asia since the late 1990s and its far-reaching impact for the entire region and beyond. It presents the specificity and evolution of East Asia’s economic integration as well as its outcomes in the form of an impressive number of FTAs concluded by East Asian countries. The book also addresses the region’s institutionalised regionalism of the 21st century, embodied by the recent establishment of two mega-regional institutions for trade and investment facilitation – Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and Regional Compr...
This book focuses on understanding the thinking of one of the greatest economists of the 20th century, John Maynard Keynes (JMK), stressing the evolution of his thinking from adherence to the classic Quantity Theory of Money to the development of his own novel theories of unemployment, stagnation and instability in modern capitalism and the need to have active policies to combat these malaises. The author dissects Keynes’s three main analytical works that shaped his thinking and policy recommendations: A Tract on Monetary Reform (1923); A Treatise on Money (1930); and The General Theory of Employment, Interest and Money (1936). Thia book undertakes a direct analysis of the texts of each of...
This innovative Commentary boasts contributions from internationally renowned experts with extensive and diverse backgrounds, providing a comprehensive, critical, article-by-article and thematic analysis of the EU Regulation No 1503/2020 on European Crowdfunding Service Providers for Business (ECSPR). Chapters analyse Member States’ adaptation of their legal frameworks to the ECSPR, underlying similarities, divergences, additional problematic issues and residual regulatory fragmentation.
Crowdfunding is becoming an increasingly popular method to finance projects of every kind and scale. This contributed volume is one of the earliest books presenting scientific and research-based perspectives of crowdfunding, its development, and future. The European Crowdfunding Network (ECN) and its scientific work group, together with FGF e.V., invited both researchers and practitioners to contribute to this first state-of-the-art edited volume on crowdfunding in Europe. This book contributes to a better comprehension of crowdfunding, encourages further fundamental research and contributes to a systematization of this new field of research. The book also features expert contributions by practitioners to enhance and complement the scientific perspective. This book can be used as a guideline and shall advance classification in an emerging research field.