This article analyses the exit decision in the European venture capital market, studying <italic>when to exit</italic> and how it interacts with the <italic>exit form</italic>. Using a competing risks model we study the impact on the exit decision of the characteristics of venture capital investors, of their investments and of...

The paper develops a theoretical link between foreign investment, scale and reversibility in the banking industry. This link is used to formulate hypotheses that are empirically examined with a unique data set collected through interviews with senior managers of multinational banks in London....