Attracting investors and generating funding is a key issue for all start-ups. The information asymmetries between investor and start-up need to be reduced. Despite the overwhelming literature on venture capital financing and different signals reflecting venture quality, pinpointing the signals...

In this paper I examine the possibility of discovering different types of strategic changes, accordingly accompanied by different manners of corporate performance development. To characterize individual strategic changes, I perform a detailed analysis of the credit files of corporations. The...