A review and road map of entrepreneurial equity financing research: Venture capital, corporate venture capital, angel investment, crowdfunding, and accelerators

W Drover, L Busenitz, S Matusik… - Journal of …, 2017 - journals.sagepub.com
Equity financing in entrepreneurship primarily includes venture capital, corporate venture
capital, angel investment, crowdfunding, and accelerators. We take stock of venture …

A review of tax research

M Hanlon, S Heitzman - Journal of accounting and Economics, 2010 - Elsevier
In this paper, we present a review of tax research. We survey four main areas of the
literature:(1) the informational role of income tax expense reported for financial …

A theory of ICOs: Diversification, agency, and information asymmetry

J Chod, E Lyandres - Management Science, 2021 - pubsonline.informs.org
This paper develops a theory of financing of entrepreneurial ventures via crypto tokens,
which is not limited to platform-based ventures. We compare token financing with traditional …

The impact of venture capital monitoring

S Bernstein, X Giroud, RR Townsend - The Journal of Finance, 2016 - Wiley Online Library
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 …

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 …

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 …

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 …

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 …

The importance of trust for investment: Evidence from venture capital

L Bottazzi, M Da Rin, T Hellmann - The Review of Financial …, 2016 - academic.oup.com
We examine the effect of trust in venture capital. Our theory predicts a positive relationship of
trust with investment, but a negative relationship with success. Using a hand-collected …

Contracts and exits in venture capital finance

D Cumming - The Review of Financial Studies, 2008 - academic.oup.com
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 …