Initial public offerings: A synthesis of the literature and directions for future research

M Lowry, R Michaely, E Volkova - Foundations and Trends® …, 2017 - nowpublishers.com
The purpose of this monograph is to provide an overview of the IPO literature since 2000.
The fewer numbers of companies going public in recent years has raised many questions …

The effects of public and private equity markets on firm behavior

S Bernstein - Annual Review of Financial Economics, 2022 - annualreviews.org
In this article, I review the theoretical and empirical literature on the effects of public and
private equity markets on firm behavior, emphasizing the consequences that emerge from …

Venture capital's role in financing innovation: What we know and how much we still need to learn

J Lerner, R Nanda - Journal of Economic Perspectives, 2020 - aeaweb.org
Venture capital is associated with some of the most high-growth and influential firms in the
world. Academics and practitioners have effectively articulated the strengths of the venture …

<? covid19?> Financing entrepreneurship in times of crisis: exploring the impact of COVID-19 on the market for entrepreneurial finance in the United Kingdom

R Brown, A Rocha, M Cowling - International Small Business …, 2020 - journals.sagepub.com
This commentary explores the manner in which the current COVID-19 crisis is affecting key
sources of entrepreneurial finance in the United Kingdom. We posit that the unique …

The use and misuse of patent data: Issues for finance and beyond

J Lerner, A Seru - The Review of Financial Studies, 2022 - academic.oup.com
Patents and citations are powerful tools increasingly used in financial economics (and
management research more broadly) to understand innovation. Biases may result, however …

[HTML][HTML] Private equity investment criteria: An experimental conjoint analysis of venture capital, business angels, and family offices

J Block, C Fisch, S Vismara, R Andres - Journal of corporate finance, 2019 - Elsevier
We use an experimental conjoint analysis to investigate the investment criteria of 749 private
equity investors, distinguishing between family offices, business angels, venture capital …

Board diversity, firm risk, and corporate policies

G Bernile, V Bhagwat, S Yonker - Journal of financial economics, 2018 - Elsevier
We examine the effects of diversity in the board of directors on corporate policies and risk.
Using a multidimensional measure, we find that greater board diversity leads to lower …

Behind the scenes: Intermediary organizations that facilitate science commercialization through entrepreneurship

P Clayton, M Feldman, N Lowe - Academy of management …, 2018 - journals.aom.org
When they lack resources to commercialize science, entrepreneurs rely on intermediary
organizations often within their local ecosystems. This paper seeks to improve our …

Interfirm relationships and business performance

J Cai, A Szeidl - The Quarterly Journal of Economics, 2018 - academic.oup.com
We organized business associations for the owner-managers of young Chinese firms to
study the effect of business networks on firm performance. We randomized 2,820 firms into …

Attracting early‐stage investors: Evidence from a randomized field experiment

S Bernstein, A Korteweg, K Laws - The Journal of Finance, 2017 - Wiley Online Library
This paper uses a randomized field experiment to identify which start‐up characteristics are
most important to investors in early‐stage firms. The experiment randomizes investors' …