An Empirical Analysis of Venture Capital Exits in Europe and in the United States

By Armin Schwienbacher. 2005

146 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/ffd4bad81d49457c20dcda37688954f8beaf0e9b

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Frédéric Palomino
2. U. Hege
3. Armin Schwienbacher
4. Douglas J. Cumming
5. Sofia Johan

In Economics and Econometrics

1. Frédéric Palomino
2. U. Hege
3. Armin Schwienbacher
4. Douglas J. Cumming

Citations in the corpus

• Venture Capital Performance: the Disparity Between Europe and the United States (2009, background): “Bottazzi, Da Rin and Hellmann (2007) present questionnaire evidence that across Europe better legal systems (measured by legal origin or rule of law) are associated with more investor involvement, more downside protection for the investors, and more corporate governance involvement of VCs. Schwienba”
• IPOs, trade sales and liquidations: Modelling venture capital exits using survival analysis (2007, unknown): “Several studies have therefore concluded that an IPO tends to be the most preferred exit route for venture capitalists (Lerner, 1994, Bascha and Walz, 2001, Cumming and MacIntosh, 2001, Darby and Zucker, 2002, and Schwienbacher, 2002).”
• Determinants of Venture Capital Performance: Europe and the United States (2006, background): “…to avoid hold-up problems, to secure a distribution channel or a potentially important customer pool, see e.g. Hellmann (2001) and Riyanto and Schwienbacher (2002); (4 ) certification and reputation gains when syndicating with more experienced venture capitalists (Barry et al. (1990)); and…”