Equity Financing And Covenants In Venture Capital
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Equity Financing and Covenants in Venture Capital
Author | : Karoline Jung-Senssfelder |
Publisher | : Springer Science & Business Media |
Total Pages | : 301 |
Release | : 2007-12-08 |
Genre | : Business & Economics |
ISBN | : 3835091883 |
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Karoline Jung-Senssfelder presents the first augmented contracting analysis, focusing on the interaction of both, financial instruments and covenants, in the creation of incentives to the contracting parties. With a focus on the German market, she integrates the findings of her model-based theoretical and survey-based empirical analyses to derive value-adding implications for an incentive-compatible contract design in the German venture capital market.
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