Discussion of does the presence of venture capitalists improve the survival profile of IPO firms?

Journal of Business Finance and Accounting

Volumn 27, Issue 9-10, 2000, Pages 1177-1183

  Khurshed, Arif ^a  

^a UNIVERSITY OF MANCHESTER   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0012660799     PISSN: 0306686X     EISSN: 14685957     Source Type: Journal    
DOI: 10.1111/1468-5957.00351     Document Type: Conference Paper

References (11)

1. Brav, A. and P.A. Gompers (1997), 'The Long-run Underperformance of Initial Public Offerings: Evidence from Venture and Non-Venture Capital Backed Companies', Journal of Finance, Vol. 52, pp. 1791-821.
2. Brown, J.M. (1970), 'Post-Offering Experience of Companies Going Public', Journal of Business, Vol. 43, pp. 10-18.
3. Field, L.C. (1998), 'The IPO as the First Stage in the Sale of the Firm', mimeo (Pennsylvania State University).
4. Gompers, P.A. (1996), 'Grandstanding in the Venture Capital Industry', Journal of Financial Economics, Vol. 42, pp. 133-56.
5. Hensler, D.A., R.C. Rutherford and T.M. Springer (1997), 'The Survival of Initial Public Offerings in the Aftermarket', Journal of Financial Research, Vol. 20, pp. 93-110.
6. Jain, B.A. and O. Kini (1995), 'Venture Capitalist Participation and the Post-Issue Operating Performance of IPO Firms', Managerial and Decision Economics, Vol. 16, pp. 593-606.
7. - (1999), 'The Life Cycle of IPO Firms', Journal of Business Finance & Accounting, Vol. 26, pp. 1281-307.
8. - (2000), 'Does the Presence of Venture Capitalists Improve the Survival Profile of IPO Firms?' Journal of Business Finance & Accounting, this issue.
9. Lin, T.H. and R.L. Smith (1998), 'Insider Reputation and Selling Decisions: The Unwinding of Venture Capital Investments During Equity IPOs', Journal of Corporate Finance, Vol. 4, pp. 241-63.
10. Megginson, W.L. and K.A. Weiss (1991), 'Venture Capitalist Certification in Initial Public Offerings', Journal of Finance, Vol. 46, pp. 879-903.
11. Sahlman, W.A. (1990), 'The Structure and Governance of Venture Capital Organisations', Journal of Financial Economics, Vol. 27, pp. 473-521.