Venture Capital and Corporate Governance in the Newly Public Firm

By Yael V. Hochberg. 2012

262 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/1e0d97199b7f525d3dfc083739814a3ad302b749

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Citations in the corpus

Target-firm information asymmetry and acquirer returns (2009, methodology): “Turning first to the first-stage probit in Panel B of Table 6, the significant explanatory variables for the method of payment choice are the variable indicating whether the firm is in the 10 See Hochberg (2005) for a more detailed explanation of treatment models. development stage, acquirer Q, and ”
The Financing of R&D and Innovation (2009, unknown): “Hochberg (2005) studies the influence of venture capitalists on the governance of a firm following its initial public offering (IPO).”
Earnings Quality and Ownership Structure: The Role of Private Equity Sponsors (2009, unknown): “(A similar approach is used in Ball and Shivakumar 2005; Beuselinck et al. 2008; Givoly et al. 2007b; and Hochberg 2008).”
Does investor identity matter? An empirical examination of investments by venture capital funds and hedge funds in PIPEs ☆ (2007, background): “…involved in market manipulation, particularly in cases involving substantial declines in stock price 1 See Barry, Muscarella, Peavy, and Vetsuypens (1990), Megginson and Weiss (1991), Lerner (1995), Hellmann and Puri (2000, 2002), and Hochberg (2004) for work on VC investments in private firms.”
Venture Capitalists, Business Angels, and Performance of Entrepreneurial IPOs in the UK and France (2007, unknown): “Hochberg (2003) uses both binary treatment models and an instrumental variables framework to control for the endogeneity of venture financing.”
Whom You Know Matters: Venture Capital Networks and Investment Performance (2007, unknown): “…addressing weaknesses in the business model or the entrepreneurial team (Kaplan and Strömberg (2004)), professionalizing the company (Hellmann and Puri (2002)), facilitating strategic alliances (Lindsey (2005)), and ensuring strong governance structures at the time of the IPO (Hochberg (2005)).”
Who are the active investors? Evidence from venture capital (2008, background): “[45] Hochberg, Yael (2004) ’Venture Capital and Corporate Governance in the Newly Public Firm,’ Mimeo, Cornell University.”
Initial Coin Offerings: Financing Growth with Cryptocurrency Token Sales (2018, unknown): “This result parallels papers in the IPO literature that have found a positive relation between VC backing and post-IPO success, such as Baker and Gompers (2003) and Hochberg (2011).”
Initial Public Offerings: A synthesis of the Literature and Directions for Future Research (2018, methodology): “IPO cycles As first documented by Ibbotson and Jaffe (1975) and Ibbotson, Sindelar and Ritter (1988, 1994) and as highlighted in Figures 1 and 2, the IPO market is characterized by dramatic fluctuations over time.”
An entrepreneur's choice of venture capitalist or angel-financing: A behavioral game-theoretic approach (2011, unknown): “Venturing (2009), doi:10.1016/j.jbusvent.2009.09.003 Prowse, 1998; Wong, 2002; Quindlen, 2000; Hochberg, 2002) in comparison to VCs.”
Information asymmetries, agency costs and venture capital exit outcomes (2008, unknown): “…firm (Barry et al. 1990; Megginson and Weiss 1991; Lerner 1994; Gompers 1996; Gompers and Lerner 1999; Baker and Gompers 2003; Hsu 2004; Hochberg 2005; Hochberg, Ljungqvist, and Lu 2007) so that information asymmetries between the entrepreneurial firm and the new owners are lower than…”
Venture Capital Conflicts of Interest: Evidence from Acquisitions of Venture-Backed Firms (2010, unknown): “This is an important omission given that 4 See Barry et al. (1990), Brav and Gompers (1997), Gompers and Lerner (2001), Hochberg (2008), Lerner (1994b) and Megginson and Weiss (1991) for studies on VC backed IPOs.”
Venture Capital and Other Private Equity: A Survey (2011, unknown): “…with more prior business experience are more hands-on investors, helping with recruiting and fundraising for and interacting more frequently with their portfolio companies.9 Both (Baker and Gompers 2003) and (Hochberg 2003) find that VC backing is associated with more independent boards.”