scholarly journals Evolution of Decision and Control Rights in Venture Capital Contracts: An Empirical Analysis

2006 ◽  
Author(s):  
Carsten Bienz ◽  
Uwe Walz
Keyword(s):  
Venture Capital ◽  
Empirical Analysis ◽  
Control Rights ◽  
And Control

Optimal design of venture capital financing contracts: the case of Portuguese, Spanish and German markets

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Maria do Rosario Correia ◽  
Raquel F. Ch Meneses
Keyword(s):  
Venture Capital ◽  
Qualitative Comparative Analysis ◽  
Contract Design ◽  
Control Rights ◽  
Content Type ◽  
Convertible Securities ◽  
Mixed Support ◽  
Capital Financing ◽  
Control Right ◽  
And Control

Purpose This study aims to investigate the use of convertible securities and control rights covenants for a sample of 53 Portuguese, Spanish and German venture capital (VC) firms. Design/methodology/approach A relatively new methodology in business sciences – a fuzzy set qualitative comparative analysis – that considers both quantitative and qualitative factors is used for obtaining a solution that best fits the empirical data. Findings The results show that the use of convertible securities is affected by agency predictions, namely, the anticipated severity of double-sided moral hazard problems. On the other hand, a mixed support is provided to the agency predictions regarding the use of control right covenants. The results seem to suggest that control right covenants tend to play a different role from convertible securities in the optimization of contract design for VC-backed investments. Originality/value Existing literature on VC contract design is extended by providing a cross-border analysis to VC financing decision.

scholarly journals Turkey’s communicative authoritarianism

2020 ◽  
Vol 16 (1) ◽  
pp. 102-120
Author(s):  
Burçe Çelik
Keyword(s):  
Empirical Analysis ◽  
Political Communication ◽  
Capital Accumulation ◽  
Communication Studies ◽  
Political Repression ◽  
Institutional Practices ◽  
And Control ◽  
Control Of Networks ◽  
Welfare Politics

The majority of current political communication studies focus on discursive dimensions of communications and disregard how communications partake in the governing of populations through economic, material and institutional practices. By focusing on Turkey’s case, here I move beyond this approach and examine the role of communications in the development of neoliberal capital accumulation, authoritarian welfare politics, political repression and the production of popular support. The article provides an empirical analysis of policy developments and plans and the restructuring of ownership and control of networks between 2002 and 2016 in Erdoğan’s Turkey.

Sign in / Sign up

Export Citation Format

Share Document