Author(s)

Xia Li ¹, Huilin Gu ¹, Peng Zhang ²

Affiliation(s)

¹ Department of Accounting, Anhui University of Finance and Economics, Bengbu, Anhui, 233000, China
² Anhui Urban & Rural Planning and Design Institute Co., Ltd, Hefei, Anhui, 230000, China

Corresponding Author

Huilin Gu

ABSTRACT

The development of public welfare crowdfunding platforms is in full swing. However, due to loopholes in regulatory policies and operating mechanisms, fund risks in the process of platform operation also need to be prevented and controlled. This paper takes Water Drop Medical Crowdfunding platform as the research object, sort out its business model, identify risks from internal and external, financial and non-financial perspectives, analyze the existing problems in its fund risk management, and put forward improvement measures and suggestions on fund risk prevention.

KEYWORDS

Public welfare crowdfunding, Fund Risk, Water Drop Medical Crowdfunding

CITE THIS PAPER

Xia Li, Huilin Gu, Peng Zhang, Research on Fund Risk Management of Internet Public Welfare Crowdfunding Platform: Taking Water Drop Medical Crowdfunding as an Example. Financial Engineering and Risk Management (2024) Vol. 7: 32-43. DOI: http://dx.doi.org/10.23977/ferm.2024.070205.

REFERENCES

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[4] Zheng Gongcheng. Social Security Reform and System Construction in China [J]. Journal of Renmin University of China, 2003(01):17-25.
[5] Yang Ruiyu, Ma Xiao. Research on the status quo and risk prevention of online public welfare crowdfunding [J]. Study and Practice, 2017(02):81-88.
[6] Yan Sujie. Research on the development status and legal System Improvement of online public welfare crowdfunding [J]. Journal of Shanxi Institute of Energy, 2020, 33(06):68-70.
[7] Cai Mingzhang, Wang Lin, Wu Jiang. Research on the application of blockchain technology in the field of Internet public welfare crowdfunding [J]. Library and Information, 2020(02):76-80.

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