Buch, Englisch, 780 Seiten, Format (B × H): 159 mm x 236 mm, Gewicht: 1221 g
An International Perspective
Buch, Englisch, 780 Seiten, Format (B × H): 159 mm x 236 mm, Gewicht: 1221 g
ISBN: 978-0-12-409537-3
Verlag: Elsevier Science Publishing Co Inc
In the 2e, datasets from over 40 countries are used to analyze and consider limited partnership contracts, compensation agreements, and differences in the structure of limited partnership venture capital funds, corporate venture capital funds, and government venture capital funds. There is also an in-depth study of contracts between different types of venture capital funds and entrepreneurial firms, including security design, and detailed cash flow, control and veto rights. The implications of such contracts for value-added effort and for performance are examined with reference to data from an international perspective. With seven new or completely revised chapters covering a range of topics from Fund Size and Diseconomies of Scale to Fundraising and Regulation, this new edition will be essential for financial and legal students and researchers considering international venture capital and private equity.
Zielgruppe
<p>Undergraduates and graduate students of economics, law and business interested in studying financial and legal aspects of venture capital and private equity</p>
Autoren/Hrsg.
Fachgebiete
Weitere Infos & Material
Part I. Introduction1. Introduction and Overview2. Agency Costs and Forms of Finance 3. Overview of Institutional Contexts and Empirical Methods
Part II. Fund Structure and Governance4. Fundraising 5. Limited Partnership Agreements6. Compensation Contracts 7. Specialized Investment Mandates8. Style Drift9. The Role of Government and Alternative Policy Options
Part III. Financial Contracting between Funds and Entrepreneurs10. The Investment Process11. Security Design12. Preplanned Exits and Contract Design13. Legal Conditions and Venture Capital Governance
Part IV. Investor Effort14. Investor value-added15. Contracts and effort16. Local Bias17. Portfolio Size18. Fund Size
Part V. Divestment19. The Divestment Process20. Investment Duration21. Contracts and Exits22. Returns, Valuation and Disclosure
Part VI. Conclusion and Appendices23. Summary and Concluding Remarks
Online AppendicesAppendix 1: Sample Limited Partnership Fund AgreementAppendix 2: Sample Term SheetAppendix 3: Sample Shareholder AgreementAppendix 4: Sample Subscription Agreement