Venture Capital and Firm Performance

Know about the book -

Venture Capital and Firm Performance is written by Jaeho Lee and published by Routledge. It's available with International Standard Book Number or ISBN identification 1351666843 (ISBN 10) and 9781351666848 (ISBN 13).

This book provides an analysis of the impact on underpricing and long-term performance of venture capital in IPOs, and of the ownership characteristics of venture capital companies. It investigates the performance of IPOs in Korea during the dot-com bubble-and-bust period. The book looks at venture capital firms and their participation, their reputation, and conflicts of interests, particularly in the context of the development of a new secondary stock market in an emerging market and these factors affect the pricing and performance effects of IPO firms. This book is a useful reference to those interested in promoting an active KOSDAQ type of stock market, and understanding how venture capitalists and their institutional affiliation may reduce information asymmetry and add value of IPO firms.