Our area of interest is the relationship between Private Equity professionals and the CEOs of companies. Building on … their ability to combine independence and control with trust, cooperation and support in their relationship with CEOs. The … existence of social ties between VCs and CEOs is expected to produce antagonistic consequences, fostering cooperation and …

We provide new rationales for corporate venturing (CV), based on competition for talented managers. As returns to … managerial compensation, to which firms respond by increasing the power of incentives. Managers increase effort, prompting firms … become large, CV emerges as a way to recruit/retain managers who would otherwise choose alternative employment. We derive …