Significant information asymmetries in venture capital can lead portfolio company managers to engage in opportunistic behavior after an investment is made.
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Finally, significant information asymmetries can lead managers to engage in opportunistic behavior after an investment is made.
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Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021), II.1.c) Cost of Deal Screening and Structuring, p. 9 https://ssrn.com/abstract=3962614 · source PDF
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Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614
specializeskaal:claim:3373393-007 Agency problems originate from the lack of trust between principals and agents, which itself stems from inform...
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