Venture Capital Investment: An Agency Analysis of UK Practice Contributor(s): Reid, Gavin (Author) |
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ISBN: 0415179696 ISBN-13: 9780415179690 Publisher: Routledge OUR PRICE: $190.00 Product Type: Hardcover - Other Formats Published: October 1998 Annotation: Written in a non-technical way, this volume uses a principal-agent framework to provide a contemporary, global analysis of the practice of contracting relations. It draws on case studies to provide valuable insights into current UK venture capital practice. |
Additional Information |
BISAC Categories: - Business & Economics | Finance - General - Business & Economics | International - Economics - Business & Economics | Investments & Securities - General |
Dewey: 332.041 |
LCCN: 98006504 |
Series: Routledge Studies in the Modern World Economy (Hardcover) |
Physical Information: 0.88" H x 6.14" W x 9.21" (1.57 lbs) 384 pages |
Descriptions, Reviews, Etc. |
Publisher Description: Gavin Reid presents a systematic analysis of what drives investor-investee relations in venture capital markets. In the first analytical work to use a unified framework, he draws upon a modern and general approach to contracting relations, namely principal-agent analysis. This book establishes a clear theoretical framework involving risk management, information handling and the 'trading' of risk and information. Using powerful modern theory as a general and coherent frame of reference to analyse an extensive body of new evidence, the author shows how top investors manage risk and monitor investees, and examines the best relationship between investor and investee. Exploring the principles governing high-risk/high-return investment, this is a unique insight into the turbulent world of the venture capitalist. |