About
Douglas Cumming, J.D., Ph.D., CFA, is a Professor of Finance and the Steven Shulman ’62 Endowed Chair of Digital Innovation at the Stevens Institute of Technology School of Business in Hoboken, New Jersey. Previously, Douglas was the DeSantis Distinguished Professor of Finance and Entrepreneurship at the College of Business, Florida Atlantic University in Boca Raton, Florida (2018-2025), and Professor and the Ontario Research Chair at the Schulich School of Business, York University, in Toronto, Canada (2007-2018). He has held prior visiting appointments at Essex Business School, Kobe University, EMLyon, RMIT, and University of Bergamo, among others.
Douglas has published over 260 articles in leading refereed academic journals (including 51 in Financial Times top 50 journals) in finance, management, and law and economics, such as the Academy of Management Journal, Economic Journal, Journal of Business, Journal of Financial and Quantitative Analysis, Journal of Financial Economics, Review of Financial Studies, Journal of International Business Studies, and the Journal of Empirical Legal Studies.
In November 2022, Douglas was listed by Clarivate as one of the top 92 most cited researchers in the world in the business and economics category. Douglas' work has been cited over 37,000 times.
Douglas is the Managing Editor-in-Chief of the Review of Corporate Finance (2021-current) and the Journal of Alternative Investments (2025-current). He is a former Co-Editor-in-Chief of the Journal of Industrial and Business Economics (2021-2024). He is a former Managing Editor-in-Chief of the British Journal of Management (January 2020 - December 2022) and the Journal of Corporate Finance (January 2018 – December 2020), and Corporate Governance: An International Review (January 2015 - 2023). He is the Founding Editor of Annals of Corporate Governance (January 2016 – January 2020) and a former Co-Editor of Finance Research Letters and Entrepreneurship Theory and Practice. He is currently serving as an Associate Editor for Economic Modelling, European Journal of Finance, Journal of Banking and Finance, Studies in Economics and Finance, and an Editorial Board member of numerous academic journals.
Douglas has published 23 academic books. He is the coauthor of Venture Capital and Private Equity Contracting (Elsevier Academic Press, 2nd Edition, 2013), and Hedge Fund Structure, Regulation and Performance around the World (Oxford University Press, 2013), and Crowdfunding: Fundamental Cases, Facts, and Insights (Elsevier Academic Press, 2019). He is the Editor of the Oxford Handbook of Entrepreneurial Finance (Oxford University Press, 2013), the Oxford Handbook of Private Equity (Oxford University Press, 2013), the Oxford Handbook of Venture Capital (Oxford University Press, 2013), the Oxford Handbook of Sovereign Wealth Funds (Oxford University Press, 2017), the Oxford Handbook of IPOs (Oxford University Press, 2018), and the Oxford Handbook of Hedge Funds (Oxford University Press, 2021), among others.
Douglas is a regular speaker at academic and industry conferences around the world. He has given recent keynote speeches at the ISAFE Conference in Saigon, British Academy of Management Corporate Governance Conference, Entrepreneurial Finance Association, European Financial Management Association, Financial Research Network Corporate Finance Conference, French Finance Association, Infiniti Conference on International Finance, Vietnam Symposium in Banking and Finance, the Budapest Liquidity and Financial Markets Conference, and the Humboldt University of Berlin Fintech Conference, among others.
Douglas’ work has been reviewed in numerous media outlets, including The Economist, The New York Times, the Chicago Tribune, the Wall Street Journal, the Globe and Mail, Canadian Business, the National Post, and The New Yorker.
Douglas keeps active in his spare time by cycling, running, swimming, and snowboarding. He completed the 2023 Florida Ironman in 13 hours and 6 minutes.
Featured Work
Crowdfunding: Fundamental Cases, Facts, and Insights
Crowdfunding: Fundamental Cases, Facts, and Insights presents fundamental knowledge about a maturing economic field. Assembling and arranging datasets, case analyses, and other foundational materials on subjects associated with crowdfunding, it systematically, comprehensively, and authoritatively provides access to a consistent body of crowdfunding research. With the crowdfunding industry now consolidated, this core reference can serve as the basis for research projects and applied work.
Acclaim for Crowdfunding
"This book provides insightful cases and statistics from around the world on how rewards and equity crowdfunding markets work. It also includes useful information on marketplace lending. It is a great resource for entrepreneurs and investors, as well as for policymakers, academics, and students."
– Craig Asano, Founder and CEO, National Crowdfunding and Fintech Association
"Crowdfunding offers detailed analyses of rewards and equity crowdfunding markets using statistical methods and case studies. I recommend it for academics, practitioners, and policymakers who seek a rigorous look at crowdfunding markets around the world."
– Jay Ritter, Joseph B. Cordell Eminent Scholar Chair, Warrington College of Business, University of Florida
