Equity Financing and Covenants in Venture Capital An Augmented Contracting Approach to Optimal German Contract Design /

• Main Author: Jung-Senssfelder, Karoline (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Wiesbaden : DUV, 2006.
• Subjects: Finance.; Public finance.; Economics.; Public Economics.; Finance, general.

Venture capital contracts define the rules of the investment for the venture capitalist and the portfolio company. They therefore have the potential to impact the success of the business and the venture capitalist's return. For this reason, contracts have recently attracted great research inter...

Table of Contents:

• Venture Capital and Contracting
• Review of Academic Literature
• Contract Design Approach to Cash Flow Incentive Mechanisms
• Empirical Evidence on Contractual Architecture
• Synthesis
• Conclusion.