Research For Dividend Allocation Policy Of Crowdfunding

In our country the financial system which lacked competitiveness is guided by the state economy for a long period of time in the past. With the reform of the economic system, our existing financial system gradually moved to rely on the transformation and upgrading of the optimization stage, in which the Internet finance is particularly evident. The traditional mode of financing is no longer the only market financing channels. The Internet-based public financing model is refreshing people’s awareness of investment and financing. The appearance of crowdfounding collect private capital to some extent, which make a contribution and creat a condition to the economic development of private; At the same time it uses the Internet as a carrier to alleviates the problem of information asymmetry and reduces the financing costs,becoming a new form of financing sought after by the world’s financial community.Although the crowdfunding is relatively mature in some countries,but because of the short time of introduction, its development is still in its infancy. States have not enacted laws to define or restrict on the business of crowfunding.The new financial model, crowdfunding is often been limited because it closes to "illegal fund-raising".Because of a lack of experience and key policy guidelines,the dividend allocation policy as a key factor in the success or failure of the crowdfounding which can’t play it’s role.In the view of the crowdfounding has the advantage of reducing cost.helping individuals and the stand-up enterprises to get funding compared to the traditional funding, so it is important to standardize the dividing policy of crowdfunding in order to promote the healthy development of the crowdfunding in China.In view of this paper is on the basis of the existing research and make further discuss of related questions of crowdfunding. I make detailed researches and analysis of the conditions and questions of crowdfunding in order to conduct a policy which is effective to our national conditionsThe paper starts from the most attracting part of divided allocation policy-the funding. Firstly,it disscusses the proposition background, significance and related literature reviewed, at the same time it clears the contents and methods discussed in the article.Secondly,I make a deep analysis of the two dividend allocation policy of crowdfunding and the national laws,and I reach an conclusion of the advantages of crowdfunding and the remained problems of the dividend allocation policy of crowd funding.Finally, I made two different schemes aiming at the two different kinds of dividend allocation policy of the crowdfunding. I also classified and summarized according to the allocation form and the types of the programs in order to offer support for the issue of the dividend allocation policy of crowdfunding. I make feasible scheme of the crowdfunding for references of further research and the formulation of the platform.