Douglas J Cummings
Biographic Data
| ID | 4425795 |
|---|---|
| NAME | Douglas J Cummings |
| GIVEN NAMES | Douglas J |
| FAMILY NAME | Cummings |
| SIGNATURE | CUMMINGS D J |
| AFFILIATIONS | York University |
| ORCID | 0000-0003-4366-6112 |
| VERIFIED | Yes |
| TOTAL WORKS | 13 |
| TOTAL CITATIONS | 22 |
| WORKS AS AUTHOR | 13 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2003 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 2 |
Leaving a Legacy for my Children
Disentangling Crowdfunding from Fraudfunding
Fraud in the reward-based crowdfunding market has been of concern to regulators, but it is arguably of greater importance to the nascent industry itself. Despite its significance for entrepreneurial finance, our knowledge of the occurrence, determinants, and consequences of fraud in this market, as well as the implications for the business ethics literature, remain limited. In this study, we conduct an exhaustive search of all media reports on Ki…
Bankruptcy law and angel investors around the world
Government Venture Capital Programs
Governmental bodies around the world are paying increasing attention to the subsidization of research and development through venture capital programs. In both the US and Canada, approximately 90% of all venture capital investments are in the technology sectors. The perceived importance of developing the knowledge-based high-tech sectors has led to a large number of government programs designated to subsidize through direct government venture cap…
Comparative Capitalisms and Energy Transitions
We develop new theory pertaining to the institutional determinants of renewable energy usage across countries and over time. Building on key strands of the comparative capitalisms literature, we introduce new hypotheses relating to the 2009 Directive from the European Union (EU) on energy generation, as well as the impact of labour market regimes, national stock markets and merger and acquisition (M&A) activity, as well as ‘doing business’ condit…
Does equity crowdfunding democratize entrepreneurial finance
The comparative institutional analysis of energy transitions
The discussion on ‘The comparative institutional analysis of energy transitions’ gives us a state-of-the-art overview of the main theoretical and conceptual developments within the field of political economy. It invites us to broaden our knowledge on the changing realities of different geographical regions in energy transition. In this discussion forum, Finnegan discusses emerging themes in the comparative political economy literature of climate …
Special Issue
The Business History Special Issue Conference on ‘History and Evolution of Entrepreneurship and Finance in China’ was held on August 23–24 2013 at the Kylin Grand Hotel of Pingyao, Shanxi Province
Gender Diversity and Securities Fraud
We formulate theory on the effect of board of director gender diversity on the broad spectrum of securities fraud, and generate three key insights. First, based on ethicality, risk aversion, and diversity, we hypothesize that gender diversity on boards can operate as a significant moderator for the frequency of fraud. Second, we advance that the stock market response to fraud from a more gender-diverse board is significantly less pronounced. Thir…
Corporate Defaults, Workouts, and the Rise of the Distressed Asset Investment Industry
We examine the formation and growth of the distressed asset investment industry during the late twentieth century, with specific focus on the strategies of the leading firms. The distressed asset investment industry is dominated by firms based in the United States and is relatively concentrated, due in large part to early movers developing distinctive investment capabilities through participation in landmark transactions, relationship-specific re…
Outside Enterpreneurial Capital
This article investigates factors that affect rejection rates in applications for outside finance among different types of investors (banks, venture capital funds, leasing firms, factoring firms, trade customers and suppliers, partners and working shareholders, private individuals and other sources), taking into account the non-randomness in a firm's decision to seek outside finance. The data support the traditional pecking order theory. Further,…
Financial intermediaries, ownership structure and the provision of venture capital to SMEs
Venture-Capital Exits in Canada and the United States
Venture capital exit vehicles enable, to different degrees, mitigation of informational asymmetries and agency costs between the entrepreneurial venture and the new owners of the firm. Different exit vehicles also affect the amount of new capital for the entrepreneurial firm. Based on these factors, we conjecture the efficient pattern of exits depending on the quality of the entrepreneurial venture, the nature of its assets, and the duration of v…
Outside Enterpreneurial Capital
This article investigates factors that affect rejection rates in applications for outside finance among different types of investors (banks, venture capital funds, leasing firms, factoring firms, trade customers and suppliers, partners and working shareholders, private individuals and other sources), taking into account the non-randomness in a firm's decision to seek outside finance. The data support the traditional pecking order theory. Further,…
The comparative institutional analysis of energy transitions
The discussion on ‘The comparative institutional analysis of energy transitions’ gives us a state-of-the-art overview of the main theoretical and conceptual developments within the field of political economy. It invites us to broaden our knowledge on the changing realities of different geographical regions in energy transition. In this discussion forum, Finnegan discusses emerging themes in the comparative political economy literature of climate …
Corporate Defaults, Workouts, and the Rise of the Distressed Asset Investment Industry
We examine the formation and growth of the distressed asset investment industry during the late twentieth century, with specific focus on the strategies of the leading firms. The distressed asset investment industry is dominated by firms based in the United States and is relatively concentrated, due in large part to early movers developing distinctive investment capabilities through participation in landmark transactions, relationship-specific re…
Venture-Capital Exits in Canada and the United States
Venture capital exit vehicles enable, to different degrees, mitigation of informational asymmetries and agency costs between the entrepreneurial venture and the new owners of the firm. Different exit vehicles also affect the amount of new capital for the entrepreneurial firm. Based on these factors, we conjecture the efficient pattern of exits depending on the quality of the entrepreneurial venture, the nature of its assets, and the duration of v…
Venture-Capital Exits in Canada and the United States
Venture capital exit vehicles enable, to different degrees, mitigation of informational asymmetries and agency costs between the entrepreneurial venture and the new owners of the firm. Different exit vehicles also affect the amount of new capital for the entrepreneurial firm. Based on these factors, we conjecture the efficient pattern of exits depending on the quality of the entrepreneurial venture, the nature of its assets, and the duration of v…
Financial intermediaries, ownership structure and the provision of venture capital to SMEs
Outside Enterpreneurial Capital
This article investigates factors that affect rejection rates in applications for outside finance among different types of investors (banks, venture capital funds, leasing firms, factoring firms, trade customers and suppliers, partners and working shareholders, private individuals and other sources), taking into account the non-randomness in a firm's decision to seek outside finance. The data support the traditional pecking order theory. Further,…
Gender Diversity and Securities Fraud
We formulate theory on the effect of board of director gender diversity on the broad spectrum of securities fraud, and generate three key insights. First, based on ethicality, risk aversion, and diversity, we hypothesize that gender diversity on boards can operate as a significant moderator for the frequency of fraud. Second, we advance that the stock market response to fraud from a more gender-diverse board is significantly less pronounced. Thir…
Corporate Defaults, Workouts, and the Rise of the Distressed Asset Investment Industry
We examine the formation and growth of the distressed asset investment industry during the late twentieth century, with specific focus on the strategies of the leading firms. The distressed asset investment industry is dominated by firms based in the United States and is relatively concentrated, due in large part to early movers developing distinctive investment capabilities through participation in landmark transactions, relationship-specific re…
Special Issue
The Business History Special Issue Conference on ‘History and Evolution of Entrepreneurship and Finance in China’ was held on August 23–24 2013 at the Kylin Grand Hotel of Pingyao, Shanxi Province
The comparative institutional analysis of energy transitions
The discussion on ‘The comparative institutional analysis of energy transitions’ gives us a state-of-the-art overview of the main theoretical and conceptual developments within the field of political economy. It invites us to broaden our knowledge on the changing realities of different geographical regions in energy transition. In this discussion forum, Finnegan discusses emerging themes in the comparative political economy literature of climate …
Comparative Capitalisms and Energy Transitions
We develop new theory pertaining to the institutional determinants of renewable energy usage across countries and over time. Building on key strands of the comparative capitalisms literature, we introduce new hypotheses relating to the 2009 Directive from the European Union (EU) on energy generation, as well as the impact of labour market regimes, national stock markets and merger and acquisition (M&A) activity, as well as ‘doing business’ condit…
Does equity crowdfunding democratize entrepreneurial finance
Government Venture Capital Programs
Governmental bodies around the world are paying increasing attention to the subsidization of research and development through venture capital programs. In both the US and Canada, approximately 90% of all venture capital investments are in the technology sectors. The perceived importance of developing the knowledge-based high-tech sectors has led to a large number of government programs designated to subsidize through direct government venture cap…
Disentangling Crowdfunding from Fraudfunding
Fraud in the reward-based crowdfunding market has been of concern to regulators, but it is arguably of greater importance to the nascent industry itself. Despite its significance for entrepreneurial finance, our knowledge of the occurrence, determinants, and consequences of fraud in this market, as well as the implications for the business ethics literature, remain limited. In this study, we conduct an exhaustive search of all media reports on Ki…
Bankruptcy law and angel investors around the world
Leaving a Legacy for my Children
Business (11 works) · Economics (8 works) · Corporate Finance and Governance (7 works) · Finance (7 works) · Finance (7 works) · Political science (7 works) · Private Equity and Venture Capital (6 works) · Market economy (5 works) · Venture capital (5 works) · Entrepreneurship (4 works)