Handbook of Corporate Finance Empirical Corporate Finance Volume 1

494 P. Gompers should weigh potential agency and monitoring costs when determining how frequently they should reevaluate project ...

Ch. 9: Venture Capital 495 Consistent evidence regarding the strength of contractual terms in these agreements is found inKaplan ...

496 P. Gompers The advice and support provided by venture capitalists is often embodied by their role on the firm’s board of dir ...

Ch. 9: Venture Capital 497 control. Venture capitalists not only reduce inside representation indirectly by reducing the control ...

498 P. Gompers entrepreneur’s stake in subsequent financings if the firm fails to realize its targets. This provides additional ...

Ch. 9: Venture Capital 499 transactions—the inflows variable is significantly positive. A doubling of inflows into venture funds ...

500 P. Gompers Ta b l e 5 The distribution of venture-backed and non-venture IPOs for the period 1978–1999. This table compares ...

Ch. 9: Venture Capital 501 Megginson and Weiss present evidence that the underpricing of venture capital-backed IPOs is signific ...

502 P. Gompers have received a flood of these distributions during the past several years and have grown increasingly concerned ...

Ch. 9: Venture Capital 503 Venture investing and innovation In this section, I explore the issue of venture capital impact on ...

504 P. Gompers recent history of the venture capital industry: as discussed above, in the late 1970s, the U.S. Department of Lab ...

Ch. 9: Venture Capital 505 The boom of 1998–2000 provides many additional illustrations. Funding during these years was concentr ...

506 P. Gompers Recent work byKaplan and Schoar (2004)andCochrane (2004)has attempted to deal with this stale price problem. Kapl ...

Ch. 9: Venture Capital 507 Ta b l e 6 The size of the venture capital pool in 21 nations in 1995. I use Jeng and Wells’ figures ...

508 P. Gompers Amit, R., Glosten, L., Muller, E., 1990a. Does venture capital foster the most promising entrepreneurial firms? C ...

Ch. 9: Venture Capital 509 Hart, O., Moore, J., 1998. Default and renegotiation: A dynamic model of debt. Quarterly Journal of E ...

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AUTHOR INDEX n indicates citation in footnote. Abadie, A. 55, 73, 74, 435 Abel, A. 451n Acharya, S. 48, 59, 60, 62 Adams, R. 168 ...

512 Author Index Bhagat, S. 270, 278, 286, 298n, 316, 318 Bharath, S. 78, 209, 210 Bhattacharya, S. 224n Biais, B. 133, 397, 398 ...

Author Index 513 Cole, R. 226 Collins, D. 11, 12, 28, 28n Comment, R. 429, 430 Conlisk, J. 175 Connor, G. 347n, 353n Cook, D.O. ...