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...

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Bibliographic Details
Main Authors: Bottazzi, L, Da Rin, M, Hellmann, T
Format: Journal article
Published: Oxford University Press 2016

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