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PRIVATE EQUITY RETURNS: AN EMPIRICAL EXAMINATION OF THE EXIT OF VENTURE-BACKED COMPANIES
16 references·6 citing·40 second hop
PRIVATE EQUITY RETURNS: AN EMPIRICAL EXAMINATION OF THE EXIT OF VENTURE-BACKED COMPANIES (2003)PRIVATE EQUITY RETURNS: AN EMPIRICAL EXAM…Characteristics, Contracts, and Actions: Evidence from Venture Capitalist Analyses (2004)Characteristics, Contracts, a…Venture Capital and the Professionalization of Start‐Up Firms: Empirical Evidence (2002)Venture Capital and the Profe…The Venture Capital Revolution (2001)The Venture Capital RevolutionThe venture capital cycle (1999)The venture capital cycleIndustry costs of equity (1997)Industry costs of equityGrandstanding in the venture capital industry (1996)Grandstanding in the venture …The New Issues Puzzle (1995)The New Issues PuzzleOptimal Investment, Monitoring, and the Staging of Venture Capital (1995)Optimal Investment, Monitorin…Venture capitalists and the decision to go public (1994)Venture capitalists and the d…Market Discounts and Shareholder Gains for Placing Equity Privately (1993)Market Discounts and Sharehol…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Venture Capitalist Certification in Initial Public Offerings (1991)Venture Capitalist Certificat…The Long‐Run Performance of initial Public Offerings (1991)The Long‐Run Performance of i…The structure and governance of venture-capital organizations (1990)The structure and governance …Equity ownership concentration and firm value (1989)Equity ownership concentratio…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Valuing start-up firms: A reverse-engineering approach for fair-value multiples from venture capital transactions (2021)Valuing start-up firms: A rev…Are venture capital and buyout backed IPOs any different? (2018)Are venture capital and buyou…Fare Thee Well? An Analysis of Buyout Funds’ Exit Strategies (2014)Fare Thee Well? An Analysis o…The Impact of Corporate Governance Mechanisms on Value Increase in Leveraged Buyouts (2006)The Impact of Corporate Gover…Venture Capitalist Certification of IPOs (2005)Venture Capitalist Certificat…Ipos, Trade Sales and Liquidations: Modelling Venture Capital Exits Using Survival Analysis (2003)Ipos, Trade Sales and Liquida…Job Market Signaling (1973)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)A Review of IPO Activity, Pricing, and Allocations (2002)Determinants of corporate borrowing (1977)Interorganizational Endorsements and the Performance of Entrepreneurial Ventures (1999)Separation of Ownership and Control (1983)The effect of aging on entrepreneurial behavior (2005)Entrepreneurship and Economic Growth (2006)The Capital Structure Decisions of New Firms (2012)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Auditor independence, ‘low balling’, and disclosure regulation (1981)Financial Intermediation, Loanable Funds, and The Real Sector (1997)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Does the Stock Market Overreact? (1985)INITIAL PUBLIC OFFERINGS (1988)Event Studies in Economics and Finance (1997)Investor Psychology and Security Market Under‐ and Overreactions (1998)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Risk, Return, and Equilibrium: Empirical Tests (1973)The relationship between return and market value of common stocks (1981)A five-factor asset pricing model (2014)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)An Incomplete Contracts Approach to Financial Contracting (1992)A Survey of Corporate Governance (1997)Private Equity Performance: Returns, Persistence, and Capital Flows (2005)Whom You Know Matters: Venture Capital Networks and Investment Performance (2007)A review of tax research (2010)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1997Industry costs of equity5,793 cited
  • 1995The New Issues Puzzle3,550 cited
  • 1991The Long‐Run Performance of initial Public Offerings3,500 cited
  • 1990The structure and governance of venture-capital organizations2,609 cited
  • 2002Venture Capital and the Professionalization of Start‐Up Firms: Empirical Evidence2,431 cited
  • 1991Venture Capitalist Certification in Initial Public Offerings2,322 cited
  • 1995Optimal Investment, Monitoring, and the Staging of Venture Capital2,058 cited
  • 2001The Venture Capital Revolution1,946 cited
  • 1999The venture capital cycle1,668 cited
  • 1996Grandstanding in the venture capital industry1,346 cited
  • 2004Characteristics, Contracts, and Actions: Evidence from Venture Capitalist Analyses1,097 cited
  • 1994Venture capitalists and the decision to go public964 cited
  • 1989Equity ownership concentration and firm value859 cited
  • 1993Market Discounts and Shareholder Gains for Placing Equity Privately

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662 cited

Cited by

  • 2006The Impact of Corporate Governance Mechanisms on Value Increase in Leveraged Buyouts51 cited
  • 2005Venture Capitalist Certification of IPOs31 cited
  • 2021Valuing start-up firms: A reverse-engineering approach for fair-value multiples from venture capital transactions28 cited
  • 2003Ipos, Trade Sales and Liquidations: Modelling Venture Capital Exits Using Survival Analysis21 cited
  • 2018Are venture capital and buyout backed IPOs any different?20 cited
  • 2014Fare Thee Well? An Analysis of Buyout Funds’ Exit Strategies18 cited