In this paper, we investigate the damage to real-sector investment spending and corporate financing activities … triggered by the failure of three major investment banks during the 2007-09 financial crisis. We find that firms characterized … by pre-crisis corporate investment banking relationships with troubled investment banks exhibit significantly lower post …

discrepancy in the investment and divestment strategies may be explained by the grandstanding phenomenon, the value … usually finance firms in a later stage, carry through fewer investment rounds and take their portfolio firms public earlier …

In this paper, we analyze the investment and divestment patterns of different types of venture capitalists. Using a …

instruments such as convertible debt or convertible preferred stock, syndication among venture capitalists, or a short investment …

We study the returns the venture capital and private equity investment from 221 venture capital and private equity …, and the characteristics and structure of the investment. We show Heckman sample selection issues in regards to both … further compare the actual unrealized returns, as reported to investment managers, to the predicted unrealized returns based …