A review and road map of entrepreneurial equity financing research: Venture capital, corporate venture capital, angel investment, crowdfunding, and accelerators
Equity financing in entrepreneurship primarily includes venture capital, corporate venture
capital, angel investment, crowdfunding, and accelerators. We take stock of venture …
capital, angel investment, crowdfunding, and accelerators. We take stock of venture …
Entrepreneurial finance: an overview of the issues and evidence
DJ Denis - Journal of corporate finance, 2004 - Elsevier
This article provides an overview of the rapidly growing entrepreneurial finance literature.
The studies reviewed in the article focus on four primary areas of inquiry:(i) alternative …
The studies reviewed in the article focus on four primary areas of inquiry:(i) alternative …
The impact of venture capital monitoring
We show that venture capitalists'(VCs) on‐site involvement with their portfolio companies
leads to an increase in both innovation and the likelihood of a successful exit. We rule out …
leads to an increase in both innovation and the likelihood of a successful exit. We rule out …
Financial contracting theory meets the real world: An empirical analysis of venture capital contracts
SN Kaplan, P Strömberg - The review of economic studies, 2003 - academic.oup.com
We compare the characteristics of real-world financial contracts to their counterparts in
financial contracting theory. We do so by studying the actual contracts between venture …
financial contracting theory. We do so by studying the actual contracts between venture …
A survey of venture capital research
M Da Rin, T Hellmann, M Puri - Handbook of the Economics of Finance, 2013 - Elsevier
This survey reviews the growing body of academic work on venture capital. It lays out the
major data sources used. It examines the work on venture capital investments in companies …
major data sources used. It examines the work on venture capital investments in companies …
Characteristics, contracts, and actions: Evidence from venture capitalist analyses
SN Kaplan, PER Strömberg - The journal of finance, 2004 - Wiley Online Library
We study the investment analyses of 67 portfolio investments by 11 venture capital (VC)
firms. VCs describe the strengths and risks of the investments as well as expected …
firms. VCs describe the strengths and risks of the investments as well as expected …
How smart is smart money? A two‐sided matching model of venture capital
M Sørensen - The Journal of Finance, 2007 - Wiley Online Library
ABSTRACT I find that companies funded by more experienced VCs are more likely to go
public. This follows both from the direct influence of more experienced VCs and from sorting …
public. This follows both from the direct influence of more experienced VCs and from sorting …
Who are the active investors?: Evidence from venture capital
L Bottazzi, M Da Rin, T Hellmann - Journal of financial economics, 2008 - Elsevier
This paper examines the determinants and consequences of investor activism in venture
capital. Using a hand-collected sample of European venture capital deals, it shows the …
capital. Using a hand-collected sample of European venture capital deals, it shows the …
Private equity returns and disclosure around the world
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 …
report inflated valuations of private investee companies that are not yet sold. However, such …
The market for mergers and the boundaries of the firm
M Rhodes‐Kropf, DT Robinson - The Journal of Finance, 2008 - Wiley Online Library
We relate the property rights theory of the firm to empirical regularities in the market for
mergers and acquisitions. We first show that high market‐to‐book acquirers typically do not …
mergers and acquisitions. We first show that high market‐to‐book acquirers typically do not …