This paper presents a first–ever empirical examination of the effectiveness of signals that
entrepreneurs use to induce (small) investors to commit financial resources in an equity …

We formulate theory on the effect of board of director gender diversity on the broad spectrum
of securities fraud, and generate three key insights. First, based on ethicality, risk aversion, …

Reward‐based crowdfunding campaigns are commonly offered in one of two models via
fundraising goals set by an entrepreneur: “Keep‐It‐All” (KIA), where the entrepreneur keeps the …

To obtain more funds from the institutional investors, private equity (PE) fund managers may
report inflated valuations of private investee companies that are not yet sold. However, such …

Using a sample of European venture capital (VC) investments, I study the relation between
VC contracts and exits. The data indicate that ex ante, stronger VC control rights increase the …

The landscape for entrepreneurial finance has changed strongly over the last years. Many
new players have entered the arena. This editorial introduces and describes the new players …

This paper considers the issue of when venture capitalists (VCs) make a partial, as opposed
to a full exit, for the full range of exit vehicles. A full exit for an initial public offerings (IPO) …

This paper introduces a data set on forms of finance used in 12,363 Canadian and US venture
capital (VC) and private equity financings of Canadian entrepreneurial firms from 1991 to …

This paper provides an overview of the literature on private equity and leveraged buyouts,
focusing on global evidence related to both governance and returns to private equity and …

This paper analyses 280 Australian venture capital and private equity funds and their
investments in 845 entrepreneurial firms over the period 1982–2005. I focus the analysis on the …