Showing 1 - 10 of 218
Persistent link: https://www.econbiz.de/10003687532
This paper offers a new explanation for the prevalent use of convertible securities in venture capital finance. Convertible securities can be used to endogenously allocate cash flow rights as a function of the realized quality of the project. This property can be used to mitigate the double...
Persistent link: https://www.econbiz.de/10009781712
Persistent link: https://www.econbiz.de/10011568522
Persistent link: https://www.econbiz.de/10014564226
Persistent link: https://www.econbiz.de/10000886174
Persistent link: https://www.econbiz.de/10000886963
Persistent link: https://www.econbiz.de/10000869685
Persistent link: https://www.econbiz.de/10000834045
Persistent link: https://www.econbiz.de/10000811859
Persistent link: https://www.econbiz.de/10000811861