The authors gratefully acknowledge funding from the German Research Foundation and the Institute of Banking and Banking Law, University of Cologne. For valuable comments, we are grateful to Donald Flag, Rajdeep Sengupta, and participants of the Academy of Economics and Finance 2008 in Nashville, the Eastern Finance Association Meeting 2008 in St. Pete Beach, and the Midwest Finance Association Meeting 2008 in San Antonio. Further, we have especially benefited from the comments of participants at the European Financial Management Symposium 2010 in Montreal, Canada. We also owe special thanks to an anonymous referee, Douglas Cumming and the Editor John Doukas for very helpful comments and insightful suggestions. *Correspondence: Soenke Sievers.
Adverse Selection, Investor Experience and Security Choice in Venture Capital Finance: Evidence from Germany
Article first published online: 23 SEP 2010
© 2010 Blackwell Publishing Ltd
European Financial Management
Volume 17, Issue 3, pages 464–499, June 2011
How to Cite
Hartmann-Wendels, T., Keienburg, G. and Sievers, S. (2011), Adverse Selection, Investor Experience and Security Choice in Venture Capital Finance: Evidence from Germany. European Financial Management, 17: 464–499. doi: 10.1111/j.1468-036X.2010.00568.x
- Issue published online: 25 MAY 2011
- Article first published online: 23 SEP 2010
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