Belghitar, Yacine; Dixon, Rob - In: Applied Financial Economics 22 (2012) 1, pp. 33-44
The purpose of this article is to assess the effect of venture capitalists at Initial Public Offerings (IPOs). In so doing, a sample of Venture Capital (VC)-backed firms was compared with a sample of non-VC-backed firms. Consistent with the prevailing belief that venture capitalists reduce...