The importance of trust for investment: evidence from venture capital
We examine the effect of trust in venture capital. Our theory predicts a positive relationship of trust with investment, but a negative relationship with success. Using a hand-collected dataset of European venture capital deals, we find that the Eurobarometer measure of trust among nations positivel...
Main Authors: | Bottazzi, L, Da Rin, M, Hellmann, T |
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Format: | Journal article |
Published: |
Oxford University Press
2016
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