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dc.contributor.authorDrover, Will
dc.contributor.authorFassin, Yves
dc.date.accessioned2017-12-02T14:52:51Z
dc.date.available2017-12-02T14:52:51Z
dc.date.issued2013
dc.identifier.urihttp://hdl.handle.net/20.500.12127/5009
dc.description.abstractThe intersection of ethics and entrepreneurship has received limited research attention to date (Harris et al., 2009), leaving the ethical dimension of venture capital (VC) investment activity understudied. Leveraging agency theory, we respond to numerous calls for research by modeling and empirically examining how a venture capitalist’s (VC) reputation for ethical behavior impacts the entrepreneurs’ willingness to partner. After putting forward a discussion of ethics in VC, we utilize conjoint analysis alongside post hoc questionnaires to investigate how ethical reputations influence the entrepreneurs’ willingness to partner. We find that—in practice—a considerable proportion of entrepreneurs have encountered unethical investors and that knowledge of such actions profoundly shapes the entrepreneurs’ willingness to partner. Analysis of interaction effects indicate that factors previously shown to drive entrepreneurial evaluations (e.g., value-added capabilities) become largely contingent upon and in many cases subjugated by an investor’s ethical reputation. Collectively, this research underscores the importance of including the ethical dimension in both VC and broader research on entrepreneurship; a number of areas for future research are suggested.
dc.language.isoen
dc.subjectEntrepreneurship
dc.titleThe role of ethical reputation in the evaluation of VC investors: The entrepreneurs'view
dc.identifier.journalAcademy of Management Annual Meeting Proceedings
dc.source.issue2013
vlerick.conferencedate09/08/2013-13/08/2013
vlerick.conferencelocationOrlando, United States
vlerick.conferencename73rd Annual meeting of the Academy of Management
vlerick.knowledgedomainEntrepreneurship
vlerick.typeconfpresConference Proceeding
vlerick.vlerickdepartmentEGS
dc.identifier.vperid175878
dc.identifier.vperid23805
dc.identifier.vpubid6215


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