Theoretical studies of tournaments and the venture capital industry

<p>This thesis consists of three essays. In essay 1, we examine the optimal contract design in the venture capital (VC) industry when a general partner (GP) cannot commit to putting effort into an existing partnership. We show that the first-best contract, a layered debt issued to investors, i...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Fang, D
Muut tekijät: Quah, J
Aineistotyyppi: Opinnäyte
Kieli:English
Julkaistu: 2013
Aiheet: