To explore determinants of new venture performance, the CEOs of 470 early-stage startups were surveyed regarding a … operations, financial management, funding choices, team management, and founder attributes. Multivariate regression analysis …, choosing angels versus venture capital firms as lead seed round investors did not predict subsequent growth in equity valuation …

Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to … whether the widely used class of Residual Income based performance measures - such as Economic Value Added (EVA) - is … economic circumstances and the self-selection of firms using EVA. Our findings indicate that EVA is a distorted performance …