Venture Capital Investment

• PART 1 Background 1 The analysis of venture capital practice 2 Venture capital Appendix: The impact of the VCI on the MSF’s value and risk 3 Investigating investor-investee relations 4 Principles of agency analysis PART 2 Evidence 5 Instrumentation 6 Fieldwork 7 Investor and investee characteristics PART 3 Cases 8 Case study J: independent principal 9 Case study H: principal a banking subsidiary 10 Case study G: principal public sector owned PART 4 Analysis 11 Risk management 12 The demand for information by investors 13 The supply of venture capital and the development of investees’ accounting information systems 14 Seeking optimality through the exchanging of risk and Information, Epilogue

'...the author provides a wealth of new information and sheds new light on the workings of the British venture capital market...above all, the study raises many new questions to which future researchers should turn their attention' - Anrea Schertler, Review of World Economics'...this book represents an exciting initial step in our empirical understanding of the British venture industry.' - Josh Lerner, Harvard University and National Bureau of Economic Research, USA'Gavin Reid's Venture Capital Investment is a welcome addition to the literature' -- Josh Lerner, Harvard University and National Bureau of economic Research, USA