Extending the existing redistribution theory to Chinese manufacturing firms, we find that the provision of trade credit through investing in accounts receivable is significantly correlated with the amount of funds raised through providers' equity finance, suggesting that firms not only...

We have examined the volatility and macroeconomic drivers of venture capital investments in the past 17 years from 1995 to 2011. We find that venture capital investments in the U.S. by the total amount, by the number of deals, and by the average amount per deal are significantly affected by...