Kleinschmidt Venture Capital, Corporate Governance, and Firm Value
2007
ISBN: 978-3-8350-9549-6
Verlag: Deutscher Universitätsverlag
Format: PDF
Kopierschutz: 1 - PDF Watermark
E-Book, Englisch, 297 Seiten, eBook
ISBN: 978-3-8350-9549-6
Verlag: Deutscher Universitätsverlag
Format: PDF
Kopierschutz: 1 - PDF Watermark
Maik Kleinschmidt explores the determinants of venture capitalists' influence as well as their impact on the corporate governance of portfolio companies and analyses the influence of corporate governance on the companies' firm value. His findings support the hypothesis that venture capitalists improve the corporate governance of their portfolio companies and that their abilities determine their impact. Moreover, they show the positive impact of good corporate governance on some measures for firm value.
Dr. Maik Kleinschmidt promovierte bei Prof. Dr. Alexander Bassen am Lehrstuhl für Allgemeine Betriebswirtschaftslehre mit Schwerpunkt Finanzierung/Investition der Universität Hamburg. Er ist Unternehmensberater bei The Boston Consulting Group, Hamburg.
Zielgruppe
Research
Weitere Infos & Material
1;Foreword;6
2;Acknowledgements;7
3;Contents;9
4;Figures;14
5;Tables;17
6;Abbreviations;19
7;1 Introduction;20
8;2 Foundations of Venture Capital and Corporate Governance;36
9;3 Theoretical Foundations;62
10;4 Relationship between Venture Capital, Corporate Governance and Firm Value;82
11;5 Empirical Analyses;137
12;6 Conclusion;216
13;Annex;233
14;Literature;270
Foundations of Venture Capital and Corporate Governance.- Theoretical Foundations.- Relationship between Venture Capital, Corporate Governance and Firm Value.- Empirical Analyses.- Conclusion.