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dc.contributor.authorReverte Maya, Carmelo 
dc.contributor.authorSánchez Hernández, María del Mar 
dc.contributor.authorRojo Ramírez, Alfonso Andrés 
dc.date.accessioned2020-06-08T08:40:43Z
dc.date.available2020-06-08T08:40:43Z
dc.date.issued2016
dc.identifier.citationReverte, Carmelo & Hernández, María & Rojo Ramírez, Alfonso. (2016). "The profile of venture capital investments: the European context," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 17(1), pages 83-110.es_ES
dc.identifier.issn1753-3627
dc.description.abstractThe aim of this paper is to deepen our understanding of the investment valuation process followed by venture capitalists (VCs) at the European level. Its contribution is two-fold. First, we shed light on the manner in which VCs estimate the investee company’s value and operationalise the main variables involved in the practical application of the well-known discounted cash flow method. Second, we study whether the different degree of use of valuation methods across European countries may be explained by differences in institutional characteristics related to the underlying legal regime (i.e., English vs. German vs. French-based legal traditions). Using both univariate and multivariate analysis for a sample of 99 responses obtained from a survey addressed to VCs from the UK, France, Germany and Italy, we find that both legal systems and characteristics of VCs (i.e., experience, preferred investment stage, and main source of funds) do influence in the valuation methods used.es_ES
dc.formatapplication/pdfes_ES
dc.language.isoenges_ES
dc.publisherInderscience Enterpriseses_ES
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España*
dc.rights© Copyright 2017 Inderscience Enterprises Ltd.es_ES
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/*
dc.titleThe profile of venture capital investments: the European contextes_ES
dc.typeinfo:eu-repo/semantics/articlees_ES
dc.subjectVenture capitales_ES
dc.subjectEntrepreneurshipes_ES
dc.subjectLegal systemes_ES
dc.subjectEuropees_ES
dc.subjectDiscounted cash flow methodes_ES
dc.subjectValuationes_ES
dc.subject.otherEconomía Financiera y Contabilidades_ES
dc.identifier.urihttp://hdl.handle.net/10317/8579
dc.identifier.doi10.1504/IJBG.2016.077568
dc.identifier.urlhttps://www.inderscience.com/info/inarticle.php?artid=77568
dc.rights.accessRightsinfo:eu-repo/semantics/openAccesses_ES
dc.type.versioninfo:eu-repo/semantics/publishedVersiones_ES
dc.subject.unesco5311 Organización y Dirección de Empresases_ES


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Except where otherwise noted, this item's license is described as Atribución-NoComercial-SinDerivadas 3.0 España