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Venture Capital Investment: An Agency Analysis of UK Practice
Contributor(s): Reid, Gavin (Author)
ISBN: 0415179696     ISBN-13: 9780415179690
Publisher: Routledge
OUR PRICE:   $190.00  
Product Type: Hardcover - Other Formats
Published: October 1998
Qty:
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.