Empirical analysis of venture capital (VC) syndication and financial risk sharing
| Project/Area Number |
26885114
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| Research Category |
Grant-in-Aid for Research Activity Start-up
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| Allocation Type | Single-year Grants |
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| Research Field |
Management
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| Research Institution | Hiroshima University of Economics |
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Principal Investigator |
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| Project Period (FY) |
2014-08-29 – 2016-03-31
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| Project Status |
Completed (Fiscal Year 2015)
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| Budget Amount *help |
¥2,470,000 (Direct Cost: ¥1,900,000、Indirect Cost: ¥570,000)
Fiscal Year 2015: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2014: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
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| Keywords | ベンチャー企業 / ベンチャーキャピタル / シンジケーション / リスク分散 / 経営学 |
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| Outline of Final Research Achievements |
This study employs Japanese emerging market data to investigate the relation between venture capital (VC) syndication and financial risk sharing. The results reveal that high-risk start-ups are more likely to receive VC syndicates. Moreover, it suggests that VCs tend to set up syndications to decrease their investment risk.
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Report
(3 results)
Research Products
(4 results)
