Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5069641 | Finance Research Letters | 2016 | 5 Pages |
Abstract
â¢We investigate the determinants of entrepreneurs' choices of a venture capitalist.â¢We use data from two types of French venture capital firms.â¢The independent firm finances more ventures requiring high support quality.â¢The bank-affiliated firm favors ventures with higher liquidation value.
We examine the determinants of entrepreneurs' choices between an independent and a bank-affiliated venture capital firm operating in the same region of France. We find empirical support for a significant impact of the firm's support quality and the venture's liquidation value.
Related Topics
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Authors
Guillaume Andrieu, Raffaele Staglianò,