Venture capital distributions: short-run and long-run reactions

Article Abstract:

Venture capital distributions, a legal form of insider trading, provides an ideal arena for examining the share price impact of transactions by informed parties. These sales, which occur after substantial run-ups in share value, generate a substantial price reaction immediately around the event. In the months after distribution, returns apparently continue to be negative. When the short- and long-run reactions are decomposed, they are consistent with the view that venture capitalists use inside information to time stock distributions: Distributions of firms brought public by lower quality underwriters and of less seasoned firms have more negative price reactions. (Reprinted by permission of the publisher.)

Research, Prices and rates, Stocks, Venture capital, Stock prices, Insider trading in securities, Insider trading (Securities)

---

What do entrepreneurs pay for venture capital affiliation?

Article Abstract:

A study is conducted to analyze the financial offers made by venture capitalists (VCs). The venture capitalists with good reputation have extra financial value.

Stock offerings

---

Entrepreneurial spawning: public corporations and the genesis of new ventures, 1986 to 1999

Article Abstract:

The important factors, like entrepreneurial learning and business networks, in creating venture-backed firms are analyzed.

Business networks (Social groups)

Similar abstracts:

• Abstracts: Potential of storm, terrorist disruptions to shipyards long established. New technology absorbs carbon dioxide to save sailors' lives
• Abstracts: Internal control in Trinidad and Tobago religious organizations
• Abstracts: Foreign-based competition and corporate diversification strategy. Choice, chance and inevitability in strategy
• Abstracts: Congress passes defense appropriations bill funding weapons. part 2 Congress, administration to seek common ground on export controls
• Abstracts: A cross-sectional test of the effect and conceptualization of service value. The importance of brand cues in intangible service industries: an application to investment services

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.