Venture Capital Firm's Reputation Effect on its Start-up Company's Long Term Operating Performance and Survivorship

• Main Author: YAP, Huei Siang
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2009
• Subjects: financial performance; initial public offering; long-run returns; rate of return; stock exchange; venture capitalist; Corporate Finance; Portfolio and Security Analysis
• Online Access: https://ink.library.smu.edu.sg/etd_coll/49; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1048&context=etd_coll
• Institution: Singapore Management University

In this paper, I tested the effects of three proxies for venture capitalist(VC) reputation on its invested company's long term industry-djusted operating performances (ROA , ROE), market-to-book ratio and survival time (time to delisting) in the aftermarket. VC's market share and VC's...