Showing 1 - 10 of 725,697
Persistent link: https://www.econbiz.de/10013268667
This paper offers a new explanation for the prevalent use of convertible securities in venture capital finance. Convertible securities can be used to endogenously allocate cash flow rights as a function of the realized quality of the project. This property can be used to mitigate the double...
Persistent link: https://www.econbiz.de/10009781712
Persistent link: https://www.econbiz.de/10001511557
Persistent link: https://www.econbiz.de/10013428373
Persistent link: https://www.econbiz.de/10001763361
Persistent link: https://www.econbiz.de/10013428374
Persistent link: https://www.econbiz.de/10001575163
Persistent link: https://www.econbiz.de/10014475647
Persistent link: https://www.econbiz.de/10001558500
Persistent link: https://www.econbiz.de/10013422973