Cultural proximity, venture capital and firm performance
Cultural distance is an important factor for the success of venture capital (VC) investments. Using a large sample of Chinese VC events, this study examines how cultural proximity between VC investors and portfolio firms, as measured by a unique indicator using Chinese dialects, affects the performa...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2022-09-01
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Series: | Borsa Istanbul Review |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845022000461 |