Venture capital contracts give VCs enormous power over entrepreneurs and early equity investors of portfolio companies. A large literature examines how these contractual terms protect VCs against misbehavior by entrepreneurs. But what constrains misbehavior by VCs? We provide the first...

Northeast Asia's heavy dependence upon net energy imports has caused several economic and environmental complications for the countries of the region. In an attempt to counter these problems and overcome the vulnerability of the energy supply and demand, countries such as China, Japan, and the...

This paper identifies the determinants of market-wide issue cycles for initial public offerings (IPOs) using an autoregressive conditional count model. We consider whether IPO volume is related to business conditions, investor sentiment, and time variation in adverse selection costs caused by...