Encontrados 6 documentos, a visualizar página 1 de 1
The exit decision in the European venture capital market
Félix, Elisabete G.S.; Pires, Cesaltina Pacheco; Gulamhussen, Mohamed AzzimThis article analyses the exit decision in the European venture capital market, studying when to exit and how it interacts with the exit form. Using a competing risks model we study the impact on the exit decision of the characteristics of venture capital investors, of their investments and of contracting variables. Our results reveals that the hazard functions are non-monotonic for all exit forms and suggest t...
The Determinants of Venture Capital in Europe—Evidence Across Countries
Félix, Elisabete G.S.; Pires, Cesaltina Pacheco; Gulamhussen, Mohamed AzzimAbstract This article analyses the determinants of European venture capital activity. The main novelty of our work is in accounting for the idiosyncrasies of the European venture capital market. In particular, we investigate whether the size of the merger and acquisition market (M&A) is important in explaining venture capital. Moreover, our work is the first that analyses the impact of the degree of information...
The exit decision in the European venture capital market
Félix, Elisabete Gomes Santana; PIRES, CESALTINA PACHECO; Gulamhussen, Mohamed AzzimThis article analyses the exit decision in the European venture capital market, studying when to exit and how it interacts with the exit form. Using a competing risks model we study the impact on the exit decision of the characteristics of venture capital investors, of their investments and of contracting variables. Our results reveals that the hazard functions are non-monotonic for all exit forms and suggest t...
An analysis of the Portuguese Venture Capital Market: Partial exits versus tota...
Félix, Elisabete; Esperança, José Paulo; Gulamhussen, Mohamed Azzim; Pires, CesaltinaThis article analyzes Portuguese venture capital exits, exploring the relationship between the type of exit and the asymmetry of information of the venture capital investments. The central hypothesis being tested is that the occurrence of partial exits is associated with signalling the investment quality and with the reduction of the degree of informational asymmetry. The data resulted from a study elaborated b...
AN ANALYSIS OF THE PORTUGUESE VENTURE CAPITAL MARKET: PARTIAL EXITS VERSUS TOTA...
Félix, Elisabete Gomes Santana; Esperança, José Paulo; Gulamhussen, Mohamed Azzim; Pires, Cesaltina PachecoThis article analyzes Portuguese venture capital exits, exploring the relationship between the type of exit and the asymmetry of information of the venture capital investments. The central hypothesis being tested is that the occurrence of partial exits is associated with signalling the investment quality and with the reduction of the degree of informational asymmetry. The data resulted from a study elaborated b...
Foreign direct investment in Brazil and home country risk
Conraria, Luís Aguiar; Aguiar, Sandra; Gulamhussen, Mohamed AzzimThis study looks into the factors that explain foreign direct investment in Brazil by country of origin of investment. Based on a sample of more than 100 countries that invested and have not yet invested in Brazil, multiple estimation techniques, such as the Tobit, Heckit and Probit, are used to isolate the effect of country risk on outward foreign direct investment. In sharp contrast to the findings of previou...
| Financiadores do RCAAP | |||||||
|
|
|
|
|
|
||