On May 19, 2023, at the invitation of the Faculty of Business and Management (FBM), Professor Chee-Wee Tan delivered a distinguished lecture titled "Infectious Confidence: Unraveling the Effects of Confidence Contagion on Overfunding in Equity Crowdfunding ". Professor Andy Luchuan LIU gave a welcome speech and presented a souvenir to Professor Tan.

Prof. Luchuan Liu Presented Souvenir to Prof. Chee-Wee Tan

Chee-Wee Tan is a Professor at the Department of Digitalization in Copenhagen Business School (CBS). His research interests focus on design and innovation issues related to digital services. His work has been published in various leading peer-reviewed journals. Apart from his current appointment as a Senior Editor for MISQ, Chee-Wee has served or is currently serving on the editorial boards for several journals.

Prof. Chee-Wee Tan began by explaining the basic concept in terms of equity crowdfunding in this study. Using Panda TV's internal governance as an example, he explained the concept of confidence contagion to the audience. He then guided the audience to the leading British-based equity crowdfunding platform used in this study. Noting that the overfunding phenomenon occurred on the platform, the audience was then led into the context of how an individual investor discovered fundraisers' confidence via campaign materials. Furthermore, he demonstrated how they utilized the platform's dataset to identify the Hawkes process, which describes the process of confidence contagion.

Prof. Chee-Wee Tan’s lecture

During the question-and-answer phase, the audience actively communicated potential future research directions, such as adapting to various national regulations. The entire lecture was interactive, easily understood, and it finished with enthusiastic applause.

the audience on-site