VC funds screen the targets based on certain decision rules. These decision rules could be implicit or explicit. The explicit rules are target industry, investment size, entrepreneurial team experience, competition etc. The implicit or tacit rules are embedded in the knowledge and experience of...

A system of rating or evaluation catering to investors, employers, and multilateral agencies plays a vital role in disbursing the information in a useful format. The effectiveness of the system hinges on the credibility of the system. A number of studies are conducted to suggest ways to...

In this paper, I examine why the intangibles that have their roots in reputation premium factored out by the combination of unverifiable features of the asset, cannot be pledged credibly and further discuss why there is a need to find a robust way to factor them. Using the structure of one...

The information asymmetry between the borrower and the lender is a well-studied issue in the credit contracts. Various mechanisms (credit rationing, short-term debt, relationship banking, collateralization) have been discussed in the literature to reduce the asymmetry. This paper examines the...

Syndicates are good but not always. A number of studies have looked into the benefits of syndication and enumerated the various factors that lead to the positive outcome. There are few studies that allude to the negative side of syndication. Adding to the latter string of papers, this paper...

The information asymmetry between the borrower and the lender is a well-studied issue in the credit contracts. Various mechanisms (credit rationing, short-term debt, relationship banking, collateralization) have been discussed in the literature to reduce the asymmetry. This paper examines the...

“Framing Effect”, a well-studied bias in behavioral science tells us that the framing of choices influences our preference. This study examines a new frame, called date format, which is shown to affect the information diffusion in information-sensitive asset trading due to portfolio...

Syndicates are good but not always. A number of studies have looked into the benefits of syndication and enumerated the various factors that lead to the positive outcome. There are few studies that allude to the negative side of syndication. Adding to the latter string of papers, this paper...