capital

The authors examine several COE estimates based on the CAPM model and compare them using econometric and materiality criteria.

The return on investment project represents the first collective, practitioner-led effort to create a standard methodology for measuring the social impacts of developmental venture capital investing. Project participants met over an 18-month period to create the program.

This paper reviews the development of the venture capital industry in Singapore, and its impact on the level and quality of entrepreneurial activity. The authors discuss the role played by the Singaporean government to promote its growth, and compare the efforts against those of the governments in Taiwan and Israel in promoting their local venture capital industries.

This paper examines how changes in public market signals affected venture capital investing between 1975 and 1998. Findings indicate that venture capitalists with the most industry experience increase their investments the most when public market signals become more favorable.

The aim of this paper is to trace a map of Italian local social capital endowments. It focuses on the “structural” dimension of the concept, as identified with social
networks.

This paper focuses on economy-wide data. It starts by clarifying the meaning of fixed assets in Chinese statistics and then presents two different approaches to the calculation of fixed assets.

This paper provides evidence on abnormal returns of Portuguese privatization public offerings for the period from 1989 to 2001. The study explores the abnormal performance of a comprehensive sample of Portuguese privatization transactions and investigates the determinants of the observed price behavior.

Using a sample of 16,958 initial public offerings from 38 countries between 1990 and 2003, the authors consider differences between firms that sell new, primary shares to the public, and existing secondary shares that previously belonged to insiders. Results suggest that the sale of primary shares is correlated with a number of factors associated with the firms demand for capital.

This paper considers knowledge capital in explaining firm-level and regional growth using micro-level linked employer-employee data for Finland. The author finds evidence of firm-level catching up within sufficiently narrowly defined industries but increasing regional divergence in productivity growth since 1995.

This article examines effects of dyadic ties and interpersonal trust on referrals and investment decisions of venture capitalists in the Chinese and Russian contexts. The findings reveal that referee-venture capitalist tie, referee-entrepreneur tie, and interpersonal trust between referee and venture capitalist have positive effects on referrals and investment decisions of venture capitalists.