THE EFFECTS OF INVESTOR PROTECTION ON THE VENTURE CAPITAL INDUSTRY

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Abstract

In this model the level of investor protection shapes both the investment and exit policies of the venture capitalist. It therefore might help to explain the correlation between the development of both the venture capital industry and the stock market across countries, as well as some of the differences between the venture capital industry in Europe and in the U.S.

Keywords: Corporate Governance, Investor, Tock Market

How to cite this paper: Sanz, L. J. (2007). The effects of investor protection on the venture capital industry. Corporate Ownership & Control, 4(2-1), 181-191. https://doi.org/10.22495/cocv4i2c1p3