Venture Capital Reputation and Investment Performance
By Rajarishi Nahata. 2008
636 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/7f7320038f9333f14c6196c58120524413a079e7
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In Accounting
- Douglas J. Cumming
- Samuele Murtinu
- Luca Grilli
- Silvio Vismara
- Tereza Tykvová
- Igor Filatotchev
- X. Tian
- Sofia Johan
In Finance
Citations in the corpus
- Fund Size, Limited Attention, and Valuation of Venture Capital Backed Firms (2011, positive): “10 Following Nahata (2008), for each VC firm, we cumulate the dollar market value of all companies taken public by the VC firm since 1987 until a given calendar year (before a specific round) and normalize it by the aggregate market value of all VC-backed companies that went public until the same ca”
- Is green the new gold? Venture capital and green entrepreneurship (2016, neutral): “Instead, VC fund partners might be more capable to mitigate the information asymmetry (Baum and Silverman 2004; Croce et al. 2013; Hellmann 2000), as well as take higher risks and invest in highly innovative and uncertain projects (e.g., Nahata 2008).”
- Are busy boards detrimental (2013, neutral): “We measure venture capitalist quality similar to Nahata (2008), whereby each venture capitalist is ranked by the total number of IPOs with which he/she is affiliated.”
- The Causes and Consequences of Venture Capital Stage Financing (2011, positive): “, Neher (1999), who builds on the idea of the inalienability of human capital discussed by Hart and Moore (1999)], hereafter referred to as the “hold-up hypothesis.”
- Venture Capital Investment And The Performance Of Entrepreneurial Firms: Evidence From China (2013, methodology): “Following the literature (Lee and Wahal, 2004; Nahata, 2008), we define the lead venture capital investor as that making the largest total investment across all rounds of funding in an entrepreneurial firm.”
- A Review and Road Map of Entrepreneurial Equity Financing Research: Venture Capital, Corporate Venture Capital, Angel Investment, Crowdfunding, and Accelerators (2017, background): “Backing by higher-reputation venture capitalists is related to more favorable exits, and the share prices of these companies is frequently higher than non-VC-backed companies (Nahata, 2008).”
- The Role of Venture Capital Syndication in Value Creation for Entrepreneurial Firms (2012, methodology): “, 1990; Bottazzi, Da Rin, and Hellmann, 2008), staged investment structure (Gompers, 1995; Tian, 2011), reputation (Nahata, 2008), professionalization of managers (Hellmann and Prui 2002), industry expertise (Gompers, Kovner, and Lerner, 2009; Chemmanur, Loutskina, and Tian, 2011), market timing abi”
- Governmental and independent venture capital investments in Europe: a firm-level performance analysis (2017, background): “university endowments, banks, pension funds, insurance companies, wealthy individuals, family offices, asset managers), selects target companies and tries to achieve a profitable exit, usually through an IPO or a trade-sale (Sahlman, 1990; Gompers and Lerner, 2001; Nahata, 2008; Nahata et al., 2014)”
- Venture Capital Reputation, Post-IPO Performance and Corporate Governance (2009, methodology): “Nahata (2008) shows that a Cumulative IPO Market Share measure has the best association with future IPOs among the measures he considers.”
- Information Cascades among Investors in Equity Crowdfunding (2015, neutral): “…the affiliation with prestigious underwriters (Carter & Manaster, 1990; Migliorati & Vismara, 2014), venture capitalists (Brav & Gompers, 1997; Nahata, 2008), rating agencies (Khurshed et al., 2014), or universities (Bonardo, Paleari, & Vismara, 2011) has been shown to be associated with…”
- Determinants of Cross-Border Venture Capital Investments in Emerging and Developed Economies: The Effects of Relational and Institutional Trust (2015, neutral): “The VC community is small, and reputation is key (Hsu 2004; Nahata 2008; Nahata et al. 2013).”
- The effects of venture capital syndicate diversity on earnings management and performance of IPOs in the US and UK: An institutional perspective ☆ (2012, background): “more ownership for less capital extended) from future entrepreneurs (Hsu, 2004) and makes future investment fund-raising easier (Nahata, 2008).”
- Do private equity owners increase risk of financial distress and bankruptcy (2012, background): “Nahata (2008) shows that companies backed by more experienced and reputable venture capitalists are more likely to exit successfully (via trade sale or IPO).”