Bathala, Chenchuramaiah T.; Bowlin, Oswald D.; Dukes, … - In: Journal of Entrepreneurial Finance 8 (2003) 1, pp. 1-30
Investors in private corporations face unique problems relating to corporate control, illiquidity and valuation of securities. In this research, we survey a large sample of US corporations. Our sample includes both private and public firms. Major findings of our research are as follows: Private...