histories of each firm and study performance measures at the transaction and investment levels. Many investments result in total … differing returns even in the same investment. This arises not just because they invest on different terms, but because they … indicative of the market frictions associated with early-stage investment in innovation …

ownership on the CVC's investment turns negative. It suggests that institutional investors discourage risky CVC investments by …

investors and venture location in an equity crowdfunding context. By analyzing investment decisions, we show that geographic … distance is negatively correlated with investment probability for all investor types. Our comparison of home country and …

which attract a large amount of venture capital investment: Germany, Switzerland, Austria and Israel. The objective is to … investigate venture capitalists’ investment criteria for medical technology ventures in the start-up or expansion phase. Since … existing research evaluated venture capitalists’ general investment criteria, the aim of this study is to provide specific …

investment firm HQ and portfolio firm HQ, or a cross-region indicator variable when the portfolio firm HQ is out-of-state as … compared to VC investment firm HQ. The relation between investment proximity and returns continues to be robust even after … controlling for selection bias, and in a matched-sample analysis where we pair each proximate investment with a matched distant …

and hinder the development of impact investment. Experimental evidence shows that there is still space to improve impact …

Agency conflicts may induce managers to choose inefficiently risky investment projects that benefit stockholders at the … expense of debtholders. While private debt contracts often contain covenants restricting investment choices, public debt … bondholders. We show that, indeed, firms reduce (raise) their investment rates around negative (positive) rating events. This …

preferred stock issuance. How rating agencies assess risk thus has a significant causal impact on firms' financing, investment …

essay deals with the effects of firms’ visibility on investment policy. It shows that higher dissemination of disclosures … improves firms’ informational environment and investment efficiency. …