European Financial Management Symposium 2010
Entrepreneurial Finance & Venture Capital Markets
April 20-17, 2010
Schulich School of Business, Cirano, Montreal, Canada


Accepted Papers & Participants List

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Participants

Paper


B


Balboa Marina
Email: marina.balboa@ua.es
The 'Double Market' Approach in Venture Capital and Private Equity Activity: The Case of Europe


Bessler Wolfgang
Email: wolfgang.bessler@wirtschaft.uni-giessen.de
Financing Activities and Payout Policies of Entrepreneurial Firms: Empirical Evidence from German Initial Public Offerings


Bonini Stefano
Email: sbonini@stern.nyu.edu
Secondary Buyouts


Buchner Axel, Christoph Kaserer and Niklas Wagner
Email: axel.buchner@wi.tum.de
Private Equity Funds: Valuation, Systematic Risk and Illiquidity


Bustamante Maria Cecilia
Email: m.bustamante@lse.ac.uk
The Dynamics of Going Public


C


Cao Jerry, Choong Tze Chua, Winston T.H. Koh and Xiaoming Wang
Email: jerrycao@smu.edu.sg
Specialization, Information Production and Venture Capital Staged Investment


Caselli Stefano, Francesco Corielli, Stefano Gatti and Francesca Querci
Email: stefano.caselli@unibocconi.it
Corporate Governance and Independent Directors: Much Ado About Nothing? The Evidence Behind Private Equity Investment Performance


Chahine Salim, Marc Goergen
Email: sc09@aub.edu.lb
Power Sharing in the Boardroom and its Impact on IPO Performance


Cole Rebel, Hamid Mehran
Email: rcole@depaul.edu
Gender and the Availability of Credit to Privately Held Firms: Evidence from the Surveys of Small Business Finances


D


Dai Na, Douglas Cumming
Email: ndai@uamail.albany.edu
Why Do Entrepreneurs Switch Venture Capitalists?


Dai Na, Vladimir Ivanov
Email: ndai@uamail.albany.edu
Entrepreneurial Optimism, Credit Availability, and Cost of Financing: Evidence from U.S. Small Businesses


De Zwart Gerben, Brian Frieser, Dick van Dijk
Email: gerben.de.zwart@ingim.com
A recommitment strategy for long term private equity fund investors


DeGennaro Ramon, Gerald P. Dwyer
Email: rdegenna@utk.edu
Expected Returns to Angel Investors


Derrien François, François Degeorge and Kent L. Womack
Email: gerben.de.zwart@ingim.com
Auctioned IPOs: The U.S. Evidence


Doukas John, Ettore Croci and Halit Gonenc
Email: jdoukas@odu.edu
Family Control and Financing Decisions


F


Fidrmuc Jana, Peter Roosenboom and Tim Teunissen
Email: afinjf@wbs.ac.uk
Under The Hammer: Do Private Equity Investors Really Acquire Target Firms For Less?


Floros Ioannis, Travis R. A. Sapp
Email: ivfloros@iastate.edu
On the Information Content of Repeated PIPE Offerings


G


Groh Alexander, Heinrich von Liechtenstein
Email: agroh@iese.edu
The First Step of the Capital Flow from Institutions to Entrepreneurs: The Criteria for Sorting Venture Capital Funds


H


Hsu Scott, Adam V. Reed and Jorg Rocholl
Email: hsuh@uwm.edu
Competitive Effects of Private Equity Investments


Hutton Irena, James Ang and Mary Anne Majadillas
Email: ihutton@cob.fsu.edu
Managerial Divestment in Leveraged Buyouts


I


Imad Eddine Gael, Armin Schwienbacher
Email: gael.imadeddine@uclouvain.be
International Capital Flows into the European Private Equity Market


Ippolito Filippo, Stefano Caselli and Emilia Garcia-Appendini
Email: filippo.ippolito@unibocconi.it
Contractual Characteristics and the Returns of Private Equity Investments


J


Jelic Ranko, Mike Wright
Email: R.Jelic@bham.ac.uk
Exits, Performance, and Late Stage Capital: the Case of UK Management Buy-outs


Johan Sophia, Douglas Cumming and Grant Fleming
Email: sofiajohan@email.com
Institutional Investment in Listed Private Equity


K


Khurshed Arif, Abdulkadir Mohamed and Susanne Espenlaub
Email: arif.khurshed@mbs.ac.uk
The Exit behavior of Venture Capital firms


Kooli Maher, Olfa Hamza
Email: kooli.maher@uqam.ca
Does venture capitalists reputation improve the survival profile of IPO firms?


Kraeussl Roman, Stefan Krause
Email: rkraeussl@feweb.vu.nl
Are particular industries more likely to succeed? A comparative analysis of VC investment in the U.S. and Europe


L


Liechti Diego, Claudio Loderer and Urs Peyer
Email: diego.liechti@ifm.unibe.ch
Luck and entrepreneurial success


Liu Xiaoding
Email: xiaoding.liu@warrington.ufl.edu
Local Underwriter Oligopolies and IPO Underpricing


M


Macias Antonio, Steven M. Davidoff, Matthew D. Cain
Email: a.macias@tcu.edu
Broken Promises: Priavte Equity Bid Failures and The Limits of Contract


Michel Jean-Sebastien
Email:jmichel@schulich.yorku.ca
Does Managerial Optimism Lead to Long-Run Underperformance? Evidence from Venture Capital-Backed IPOs


Munari Federico
Email:federico.munari@unibo.it
Assessing The Impact of Public Venture Capital Programmes in The United Kingdom: Do Regional Characteristicks Matter?


N


Nahata Raj
Email:raj.nahata@baruch.cuny.edu
Success in Global Venture Capital Investing: Do Institutional and Cultural Differences Matter?


Nielsen Kasper Meisner
Email:nielsen@cuhk.edu.hk
The Return to Pension Funds' Direct Investments in Private Equity: New Evidene on the Private Equity Premium Puzzle


P


Pandes J.Ari
Email:j.ari.pandes@haskayne.ucalgary.ca
The Wealth Effects of Reducing Private Placement Resale Restrictions


R


Robb Alica, Robert W. Fairlie and David T. Robinson
Email:arobb@ucsc.edu
Financial Capital Injections among New Black and White Business Ventures


S


Sensoy Berk, Ola Bengston
Email:sensoy_4@fisher.osu.edu
Changing the Nexus:  The Evolution and Renegotiation of Venture Capital


Sievers Soenke, Georg Keienburg and Thomas Hartmann-Wendels
Email:soenkes@web.de
Agency Risk and Firm Valuation: An Empirical Analysis of Venture Capitalists' Private Expectations


Subramanian Krishnamurthy
Email:kvsubramania@gmail.com
A Resource Based Theory of Corporate Venture Capital


Suret Jean-marc, Cécile Carpentier and Douglas Cumming
Email:jean-marc.suret@fsa.ulaval.ca
The Valuation Effect of Listing Requirements: An Analysis of Venture Capital-Backed IPOs.


Switzer Lorne, Jean-François Bourdon
Email: switz@jmsb.concordia.ca
Management Quality and Operating Performance: Evidence for Canadian IPOs

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T


Tag Joacim, Lars Persson and Pehr-Johan Norbäck
Email: joacim.tag@ifn.se
Buying to Sell: A Theory of Buyouts


Tappeiner Florian
Email: florian.tappeiner@wi.tum.de
Structure and Determinants of Financial Covenants in Leveraged Buyouts - Evidence from an Economy with strong Creditor Rights


Thiele Veikko, Reiner Braun and Ann-Kristin Achleitner
Email: vthiele@business.queensu.ca
Competing for Ideas: Matching and Contracting in the Venture Capital Market


Tykvova Terez, Andrea Schertler
Email: tykvova@zew.de
Overcoming Distances via Syndication with Local Friends: The Case of Venture Capital


W


Wu Zhenyu, Jess H. Chua
Email:wu@edwards.usask.ca
Value Added by Angel Investors through Post-Investment Involvement: Exploratory Evidence and Ownership Implications


Y


Yung Chris
Email:chris.yung@colorado.edu
The Long-Run Supply and Demand for Venture Capital Funds: Information and Endogenous Entry