Understanding Venture Capital Structure: A Tax Explanation for Convertible Preferred Stock
By Ronald J. Gilson, David M. Schizer. 2002
166 citations recorded by the source corpus.
Subfields: Accounting
View Paper: https://www.semanticscholar.org/paper/1b781e22e2dda9f14d81445030f7b9d60ac233c6
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In Accounting
- Douglas J. Cumming
- Armin Schwienbacher
- Sofia Johan
- U. Hege
- Frédéric Palomino
- Josh Lerner
- Joacim Tåg
- John H. Cochrane
Citations in the corpus
- Institutions and Venture Capital (2013, background): “%) when the stocks acquired on exercising the option are sold (Gilson and Schizer, 2003).”
- Regulatory Harmonization and the Development of Private Equity Markets (2006, background): “35 Some related empirical evidence is provided by Gompers and Lerner (1996, 1998b, 1999), Jeng and Wells (2000) and Armour and Cumming (2005).”
- The Risk and Return of Venture Capital (2001, background): “Any given percentile of Þrms that go public or are acquired happens about one year sooner in the later subsamples than in the earliest subsample.”
- Success in Global Venture Capital Investing: Do Institutional and Cultural Differences Matter? (2014, unknown): “4See also Gilson and Schizer (2003) and Cumming (2005a), (2005b) who examine the impact of tax laws on VC contracts.”
- Contracts and Exits in Venture Capital Finance (2008, unknown): “The data indicate that IPOs are more likely than acquisitions for common equity investments when the mean and median public market returns have been greater in the months prior to exit [consistent with Gompers and Lerner (1999)], and among countries with greater stock market capitalization [consiste”
- The legislative road to Silicon Valley (2006, unknown): “structure, but not necessarily affect overall investment levels (Gilson and Schizer, 2003; Lerner and Schoar, 2005).”
- Venture Capital and Other Private Equity: A Survey (2011, unknown): “36 (Marx 1998), (Bergemann and Hege 1998),(Trester 1998), (Kirilenko 2001), (Gilson and Schizer 2003), and (Cornelli and Yosha 2003).”
- Information asymmetries, agency costs and venture capital exit outcomes (2008, unknown): “VCs invariably use convertible preferred equity securities in the US and there is a unique tax bias in favour of convertible preferred equity in the US (Gilson and Schizer 2003).”