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How Do Legal Differences and Learning Affect Financial Contracts?

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NBER2003-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10097
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We analyze venture capital (VC) investments in twenty-three non-U.S. countries and compare them to VC investments in the U.S. We describe how the contracts allocate cash flow, board, liquidation, and other control rights. In univariate analyses, contracts differ across legal regimes. At the same
创建时间:
2003-11-01
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