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Published in 2019 at "Small Business Economics"
DOI: 10.1007/s11187-018-0028-2
Abstract: Using a Nash bargaining approach, we analyze the financing contract between the entrepreneur and the venture capitalist with double-sided moral hazard in a start-up enterprise. Our results show that there exists an optimal contract set…
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Keywords:
double sided;
contract;
financing;
venture ... See more keywords