Determinants of required returns in venture capital investments: A five-country study
dc.contributor.author | Manigart, Sophie | |
dc.contributor.author | De Waele, K. | |
dc.contributor.author | Wright, Mike | |
dc.contributor.author | Robbie, K. | |
dc.date.accessioned | 2017-12-02T14:16:07Z | |
dc.date.available | 2017-12-02T14:16:07Z | |
dc.date.issued | 2002 | |
dc.identifier.uri | http://hdl.handle.net/20.500.12127/783 | |
dc.description.abstract | Using 2 complementary theoretical perspectives, this paper develops hypotheses regarding the determinants of the return required by venture capitalists and tests this on a sample of over 200 venture capital companies (VCCs) located in 5 countries. It finds that early-stage specialists required a significantly higher return than other VCCs when investing in later-stage ventures. It also finds that acquisition/buyout specialists require a significantly lower return than other VCCs when investing in expansion companies. | |
dc.language.iso | en | |
dc.subject | Corporate Finance | |
dc.title | Determinants of required returns in venture capital investments: A five-country study | |
dc.identifier.journal | Journal of Business Venturing | |
dc.source.volume | 17 | |
dc.source.issue | 4 | |
dc.source.beginpage | 291 | |
dc.source.endpage | 312 | |
vlerick.knowledgedomain | Accounting & Finance | |
vlerick.typearticle | FT ranked journal article | |
vlerick.vlerickdepartment | A&F | |
dc.identifier.vperid | 140535 | |
dc.identifier.vperid | 35884 | |
dc.identifier.vperid | 141059 | |
dc.identifier.vperid | 68189 | |
dc.identifier.vpubid | 828 |