Normal view MARC view

Why do venture capital firms exist? Theory and Canadian evidence

Author: Zott, Christoph ; Amit, Raphael ; Brander, JamesINSEAD Area: Entrepreneurship and Family EnterpriseIn: Journal of Business Venturing, vol. 13, 1998 Language: EnglishDescription: p. 441-466.Type of document: INSEAD ArticleNote: Please ask the Library for this articleAbstract: This paper investigates the role of venture capitalists. We view their "raison d'être" as their ability to reduce the cost of informational asymmetries. Our theoretical framework focuses on two major forms of asymmetric information: "hidden information" (leading to adverse selection) and "hiddenaction" (leading to moral hazard)
Tags: No tags from this library for this title. Add tag(s)
Log in to add tags.
Item type Current location Call number Status Date due
INSEAD Article Doriot Library
Available

Please ask the Library for this article

This paper investigates the role of venture capitalists. We view their "raison d'être" as their ability to reduce the cost of informational asymmetries. Our theoretical framework focuses on two major forms of asymmetric information: "hidden information" (leading to adverse selection) and "hiddenaction" (leading to moral hazard)

Digitized

There are no comments for this item.

Log in to your account to post a comment.
Koha 3.18 - INSEAD Library Catalogue
Library Home | Contact Us | What's Koha?