The role of venture capitalists to distress and bankruptcy in their publicly traded portfolio firms between 1990-2004 is the focus of this paper. A LOGIT analysis on the full sample of 180 VC-backed firms that declared bankruptcy and 180 VC-backed and non-bankrupt healthy matching firms examines...

Methods to evaluate capital projects under conditions of risk are applied to the acquisition of human capital in organizations, administrations and international relations. These acquisitions in the former two cases depend on the expected value of the acquisition relative to its risk, its...