We examine the interactions between business failures and macroeconomic aggregates, and specifically the accounts of policy-induced changes in the macroeconomy for the observed fluctuations of UK business failures in the period 1966-2003 using the vector error-correction model (VECM). The...

This study explicates venture capitalists’ (VCs) successful exits from joint ventures based on their matching relationship with start-ups. Analysing data from China’s VC market, we find that balanced matching between similarly ranked VCs and start-ups promotes VCs’ successful exits, while...