Venture Capital Investment: An Agency Analysis of UK Practice

Venture Capital Investment: An Agency Analysis of UK Practice

by Gavin Reid
     
 

View All Available Formats & Editions

ISBN-10: 0415179696

ISBN-13: 9780415179690

Pub. Date: 11/10/1998

Publisher: Taylor & Francis

Gavin Reid presents a systematic analysis of what drives investor-investee relations in venture capital markets. In the first analytical work to use a unified framework, he draws upon a modern and general approach to contracting relations, namely principal-agent analysis. This book establishes a clear theoretical framework involving risk management, information

Overview

Gavin Reid presents a systematic analysis of what drives investor-investee relations in venture capital markets. In the first analytical work to use a unified framework, he draws upon a modern and general approach to contracting relations, namely principal-agent analysis. This book establishes a clear theoretical framework involving risk management, information handling and the 'trading' of risk and information. Using powerful modern theory as a general and coherent frame of reference to analyse an extensive body of new evidence, the author shows how top investors manage risk and monitor investees, and examines the best relationship between investor and investee. Exploring the principles governing high-risk/high-return investment, this is a unique insight into the turbulent world of the venture capitalist.

Product Details

ISBN-13:
9780415179690
Publisher:
Taylor & Francis
Publication date:
11/10/1998
Series:
Routledge Studies in the Modern World Economy Series
Pages:
384
Product dimensions:
6.14(w) x 9.21(h) x 0.94(d)

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >