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Persistent link: https://www.econbiz.de/10003684216
Venture capital (VC) backed firms face neither the governance requirements nor a major separation of ownership and control of their public peers. These differences suggest that independent directors could play a unique role on private firm boards. This paper explores the dynamics of VC-backed...
Persistent link: https://www.econbiz.de/10012481072
Until its sales of a product materialize, a firm is a "pre-producer" in the market for that product. That firm may may be a new start-up, or it may already sell other products. Firms that do not succeed in generating sales eventually become discouraged and move on to other activities. When this...
Persistent link: https://www.econbiz.de/10012467919
-stakes college entrance exam in China. To overcome selection bias, we use a regression discontinuity design that compares applicants …
Persistent link: https://www.econbiz.de/10012456339
China, we first document that individual LPs, on average, contribute about 50% of the capital of each fund in which they …
Persistent link: https://www.econbiz.de/10014437028
the industry and commuting-zone levels, and then estimates the impact of the `China shock' on each job-flow type. The … China shock is accounted for by either the increase in Chinese import penetration in the U.S., or by the U.S. policy change … that granted Permanent Normal Trade Relations (PNTR) status to China. We find that the China shock affects U.S. employment …
Persistent link: https://www.econbiz.de/10012453633
Using a unique firm-level dataset from China's "Silicon Valley," we investigate how multinational enterprises (MNEs …
Persistent link: https://www.econbiz.de/10012465021
admissions data for 1.8 million individuals with the universe of firm registration records in China. Within a college, we find …
Persistent link: https://www.econbiz.de/10012533414
Persistent link: https://www.econbiz.de/10014385707
In this paper, I analyze a variety of evidence for Japan and, where available, for the United States on bequest practices, on the importance and nature of bequest motives, on bequest division, on the willingness of individuals to help others, etc., in order to shed light on which model of...
Persistent link: https://www.econbiz.de/10012470139