Venture Capital and the Structure of Capital Markets: Banks Versus Stock Markets
Authors:
- Bernard S. BlackBBBernard S. Black
- Ronald J. GilsonRGRonald J. Gilson
Preprint
- 1 January 1996
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
The United States has many banks that are small relative to large corporations and play a limited role in corporate governance, and a well developed stock markeKeywords
This publication has 35 references indexed in Scilit:
- The Legal Infrastructure of High Technology Industrial Districts: Silicon Valley, Route 128, and Covenants Not to CompeteSSRN Electronic Journal, 1998
- Optimal Investment, Monitoring, and the Staging of Venture CapitalThe Journal of Finance, 1995
- Insider Reputation and Selling Decisions: The Unwinding of Venture Capital Investments During Equity IPOsSSRN Electronic Journal, 1995
- Venture Capitalists and the Oversight of Private FirmsThe Journal of Finance, 1995
- Top Executive Rewards and Firm Performance: A Comparison of Japan and the United StatesJournal of Political Economy, 1994
- Top Executives, Turnover, and Firm Performance in GermanyThe Journal of Law, Economics, and Organization, 1994
- HARVESTING THE ENTREPRENEURIAL VENTURE: A TIME FOR CREATING VALUEJournal of Applied Corporate Finance, 1994
- Hunting for Homo Sovieticus: Situational versus Attitudinal Factors in Economic BehaviorBrookings Papers on Economic Activity, 1992
- Liquidity versus Control: The Institutional Investor as Corporate MonitorColumbia Law Review, 1991
- The Mechanisms of Market EfficiencyVirginia Law Review, 1984