Essays about: "venture capital backing"

Showing result 11 - 15 of 15 essays containing the words venture capital backing.

  1. 11. IPO Lock-up expirations; An empirical study on the Nordic market during 2009-2016

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Oskar van Enst; Erika Forsberg; [2017]
    Keywords : IPO; Lock-up periods; abnormal returns; efficient market hypothesis; PEVCownership; Business and Economics;

    Abstract : Purpose: The purpose of this study is to investigate whether abnormal returns can be observed in stock prices after the expiration of lock-up periods related to an IPO. In addition, the purpose is to analyse if private equity/venture capital (PEVC) ownership, the use of staggered lock-ups and the length of lock-up periods affect this return. READ MORE

  3. 12. Earnings management within IPO firms and private equity backing : Earnings management's affect on stock market reaction and IPO's adjustable offering

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Johan Eriksson; [2015]
    Keywords : Initial public offering; earnings management; abnormal return; IPO adjustable offering; private equity venture capital; information asymmetry;

    Abstract : In order to boost the exit value, it is not uncommon that issuers report earnings in excess of cash flow generated by its operations at the initial public offering (IPO). The discretionary activity of performing earnings management can mislead investors about the intrinsic value of the newly public firm. READ MORE

  4. 13. Initial Returns and Long-Run Performance of Private Equity-backed IPOs in the UK: The Post-Y2K Experience

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Tom Lange; Pascal Rietmann; [2015]
    Keywords : Initial Public Offering; Private Equity; Venture Capital; Underpricing; After-Market Performance;

    Abstract : This paper studies a sample of 257 initial public offerings (IPO) that occurred in the period from 2001 to 2011, differentiated into sub-samples of 32 venture capital-backed (VC), 55 buyout-backed (BO), and 170 non-backed (NB) share issuances undertaken on the London Stock Exchange's (LSE) Main Market and Alternative Investment Market. We separately analyze initial first-day returns, commonly referred to as underpricing, as well as long-run after-market performance using an event study setting with a horizon of 36 months. READ MORE

  5. 14. Tackling the innovation focus continuum; implications for change in venture capitalists' investment models

    University essay from KTH/Affärsutveckling och Entreprenörskap

    Author : David Törnquist; Johan Lennefalk; [2012]
    Keywords : Venture Capital; Investment Models; Technological Innovation; Business Model Innovation; Commercialization; Company Innovation Characteristics; Innovation Focus; Screening Process; Risk and Portfolio; Investment Stages; Capital Contribution; Strategic Contribution; Exit Strategies; Nordic; Sweden; Riskkapital; Venture Capital; Investeringsmodeller; Teknologisk Innovation; Affärsmodellsinnovation; Kommersialisering; Kontinuumet för företagskaraktäristik; Innovationsfokus; Urvalsprocess; Risk och Portfölj; Investeringsfaser; Kapitaltillskott; Strategitillskott; Exit-strategi; Norden; Sverige;

    Abstract : Innovation has been considered the critical driver behind economic growth and value creation for a long time. However, in order to achieve an innovative status, the commercializing of an invention is required by injecting capital and strategy. READ MORE

  6. 15. Venture Capital Financing of Cleantech Innovation How Categorisation of Cleantech Innovation can reduce Investment Barriers: geographic focus on Sweden

    University essay from Lunds universitet/Internationella miljöinstitutet

    Author : Dag Agnvall; [2004]
    Keywords : environmental technology innovation; process of innovation; investment barriers; Environmental studies; Miljöstudier; Earth and Environmental Sciences;

    Abstract : The industrial development has during the last century caused a disturbance to the ecological system in the ecosphere, and many industrial processes are still systematically causing harm. In an increasing manner this is raising a demand for technology that reduce the burdens on the ecological system. READ MORE