Intro -- Contents -- Preface -- Chapter 1. Introduction -- 1.1 Motivating Example -- 1.2 Collusion within Porter's Five Forces -- 1.3 Difficulties of Collusion -- 1.4 Environments Requiring Explicit Collusion -- 1.5 Lingering Price Effects of Explicit Collusion -- 1.6 Price Formation Process --...

This study addresses the relation between the exit of venture capital and opportunistic behavior in financial disclosure. Specifically, I examine whether the exit of venture capital is associated with income-increasing earnings management in the IPO year and financial statement restatements...