This study evaluates the effects of financial development factors and other important factors based on Solow's model over the economic growth in the Gulf Cooperation Council (GCC) countries. The panel data from 1986-2009 is used in this research. For analyzing the data, pooled OLS model, random effect model and fixed effect model are used by using E-views software. To distinguish between pooled OLS model and random effect model, LM test is run and to differentiate between random effect model and fixed effect model, the Hausman test is run. The results reveal that financial development which is measured by PRIVY is not significant in all the models that have been suggested. Nevertheless, the financial development, which is measured by the LLY, has a positive and significant sign in some of the models that have been offered.

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This study investigates the various motivations to equity crowdfunding in Malaysia. A total of 169 responses from survey questionnaires are used to test the relationships using Structural Equation Modelling-Partial Least Squares. Investigation into the influence of both intrinsic and extrinsic motivators on the willingness to support equity crowdfunding shows that the financial motive is insignificant in influencing the decision. Among the intrinsic motivators, aesthetic value, emotional value, novelty and trust are highly significant and the desire to be part of a community is the only intrinsic motivator that is insignificant. The willingness to support has a positive influence on the likelihood to invest in equity crowdfunding.