Text
The consequences of enterpreneurial finance : evidence from Angel Financings
This article documents the fact that ventures funded by two successful angel groups experience superior outcomes to rejected ventures: They have improved survival, exits, employment, patenting, Web traffic, and financing. We use strong discontinuities in angel- funding behavior over small changes in their collective interest levels to implement a regression discontinuity approach. We confirm the positive effects for venture operations, with qualitative support for a higher likelihood of successful exits. On the other hand, there is no difference in access to additional financing around the discontinuity. This might suggest that financing is not a central input of angel groups. .Printed Journal, baca ditempat
Call Number | Location | Available |
---|---|---|
TRFS2701 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | The Society of Financial Studies., |
---|---|
Edisi | - |
Subjek | Investment banking Venture capital Rating agencies Brokerage |
ISBN/ISSN | 8939454 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |