Although it is hard to arrive at a widely accepted definition for Systemic Risk; it is generally acknowledged that it is the risk of the occurrence of an event that threatens the well functioning of the system of interest (financial, payments, banking, etc.) sometimes to the point of making its...

We compare and contrast the performance of cross-border and domestic venture capital (VC) investments in terms of the time it takes VC backers to exit portfolio companies through initial public offering (IPO), trade sale (M&A), or other routes. Initial analysis suggests that cross-border...

Venture capital (VC) cross-border syndication has increased significantly in recent years. This study examines the risk and returns of investments of US–European cross-border syndicates in US portfolio companies. We use a large sample of investments across four financing stages, and highlight...