Cultural proximity, venture capital and firm performance

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...

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Bibliographic Details
Main Authors: Guoyan Huang, Dongwei He, Chenyang Meng, Donghui Ma
Format: Article
Language:English
Published: Elsevier 2022-09-01
Series:Borsa Istanbul Review
Subjects:
G24
G32
G11
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845022000461

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