Handbook of Corporate Finance Empirical Corporate Finance Volume 1

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508 P. Gompers


Amit, R., Glosten, L., Muller, E., 1990a. Does venture capital foster the most promising entrepreneurial firms?
California Management Review 32, 102–111.
Amit, R., Glosten, L., Muller, E., 1990b. Entrepreneurial ability, venture investments, and risk sharing. Man-
agement Science 36, 1232–1245.
Baker, M., Gompers, P.A., 2004a. The determinants of board structure and function in entrepreneurial firms.
Journal of Law and Economics, in press.
Baker, M., Gompers, P.A., 2004b. An analysis of executive compensation, ownership, and control in entre-
preneurial firms. Working Paper, Harvard University.
Barry, C.B., Muscarella, C.J., Peavy III, J.W., Vetsuypens, M.R., 1990. The role of venture capital in the
creation of public companies: Evidence from the going public process. Journal of Financial Economics 27,
447–471.
Berglöf, E., 1994. A control theory of venture capital finance. Journal of Law, Economics, and Organiza-
tions 10, 247–267.
Bergmann, D., Hege, U., 1998. Dynamic venture capital financing, learning, and moral hazard. Journal of
Banking and Finance, in press.
Black, B., Gilson, R., 1998. Venture capital and the structure of capital markets: Banks versus stock markets.
Journal of Financial Economics 47, 243–277.
Bonacich, P., 1987. Power and centrality: A family of measures. American Journal of Sociology 92, 1170–
1182.
Brav, A., Gompers, P.A., 1997. Myth or reality? Long-run underperformance of initial public offerings; Evi-
dence from venture capital and nonventure capital-backed IPOs. Journal of Finance 52, 1791–1821.
Brav, A., Gompers, P.A., 2003. The role of lock-ups in initial public offerings. Review of Financial Studies 16,
1–29.
Chan, Y., 1983. On the positive role of financial intermediation in allocation of venture capital in a market
with imperfect information. Journal of Finance 38, 1543–1568.
Cochrane, J., 2004. The risk and return of venture capital. Journal of Financial Economics, in press.
Cornelli, F., Yosha, O., 1997. Stage financing and the role of convertible debt. Working Paper, London Busi-
ness School and Tel Aviv University.
Dewatripont, M., Tirole, J., 1994. A theory of debt and equity: Diversity of securities and manager–
shareholder congruence. Quarterly Journal of Economics 109, 1027–1054.
Fama, E.F., Jensen, M.C., 1983. Separation of ownership and control. Journal of Law and Economics 26,
301–325.
Gompers, P., 1995. Optimal investment, monitoring, and the staging of venture capital. Journal of Finance 50,
1461–1489.
Gompers, P., 1996. Grandstanding in the venture capital industry. Journal of Financial Economics 42, 133–
156.
Gompers, P., Lerner, J., 1997. Risk and reward in private equity investments: The challenge of performance
assessment. Journal of Private Equity 1 (Winter), 5–12.
Gompers, P., Lerner, J., 1998a. Venture capital distributions: Short- and long-run reactions. Journal of Fi-
nance 53, 2161–2183.
Gompers, P., Lerner, J., 1998b. What drives venture fundraising? Brookings Papers on Economic Activity—
Microeconomics, 149–192.
Gompers, P., Lerner, J., 1999a. Capital market imperfections in venture markets: A report to the Advanced
Technology Program. Advanced Technology Program, U.S. Department of Commerce, Washington.
Gompers, P., Lerner, J., 1999b. The Venture Capital Cycle. MIT Press, Cambridge.
Gompers, P., Lerner, J., 2000. Money chasing deals? The impact of fund inflows on private equity valuations.
Journal of Financial Economics 55, 239–279.
Gompers, P., Lerner, J., 2001. The Venture Capital Revolution. Harvard Business School Press, Boston.
Grossman, S., Hart, O., 1986. The costs and benefits of ownership: A theory of vertical and lateral integration.
Journal of Political Economy 94, 691–719.
Hart, O., Moore, J., 1990. Property rights and the nature of the firm. Journal of Political Economy 98, 1119–
1158.

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