Empirical Evidence on Governance Mechanisms, Syndication Activities, and Partner Selection Strategies in Venture Capital Financing

This dissertation comprises five different stand-alone research papers that were written as part of the doctoral program in “Quantitative Economics and Finance” at the University of Konstanz within the period of January 2004 and January 2008. All of the papers deal with an empirical analysis of Venture Capital (VC) financing in Germany and Switzerland, with a special focus on the emerging trend of VC syndication (the provision of capital to high-growth firms by more then a single venture capitalist), the corresponding partner selection in VC syndicates and the governance choices in VC financing.