This paper examines the impact of government versus private independent venture capital
(VC) backing on the exit performance of entrepreneurial firms. Our analyses are based on …

This article investigates factors that affect rejection rates in applications for outside finance
among different types of investors (banks, venture capital funds, leasing firms, factoring …

We aim to ascertain to what extent the better performance of European venture capital (VC)‐
backed firms in high-tech industries is due to either 'screening'or 'value added'provided by …

Using a sample of European venture capital (VC) investments, I study the relation between
VC contracts and exits. The data indicate that ex ante, stronger VC control rights increase …

To obtain more funds from the institutional investors, private equity (PE) fund managers may
report inflated valuations of private investee companies that are not yet sold. However, such …

This paper analyses 280 Australian venture capital and private equity funds and their
investments in 845 entrepreneurial firms over the period 1982–2005. I focus the analysis on …

We consider the financing of a research project under uncertainty about the time of
completion and the probability of eventual success. We distinguish between two financing …

Must policymakers seeking to replicate the success of Silicon Valley's venture capital market
first copy other US institutions, such as deep and liquid stock markets? Or can legislative …

We analyze governance with a new dataset on investments of venture capitalists in 3848
portfolio firms in 39 countries from North and South America, Europe and Asia spanning …

This paper introduces an analysis of the impact of Legality on the exiting of venture capital
investments. We consider a sample of 468 venture-backed companies from 12 Asia-Pacific …