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Handbook of the Economics of Corporate Finance

Private Equity and Entrepreneurial Finance

  • 1st Edition - June 9, 2023
  • Latest edition
  • Editors: Bjørn Espen Eckbo, Gordon M. Phillips, Morten Sorensen
  • Language: English

Private Equity and Entrepreneurial Finance, volume 1 of the new series, Handbook of the Economics of Corporate Finance, provides comprehensive and accessible updates of centra… Read more

Description

Private Equity and Entrepreneurial Finance, volume 1 of the new series, Handbook of the Economics of Corporate Finance, provides comprehensive and accessible updates of central theoretical and empirical issues in corporate finance. The demand for these updates reflects the rapid evolution of corporate finance research, which has become a dominant field in financial economics. The chapters are written by leading researchers and experts that remain active in their respective areas of interest. These are intended to make the economics of corporate finance and governance accessible not only to doctoral students but also researchers not intimately familiar with this important field.

Key features

  • Provides the authority and expertise of leading contributors from an international board of authors
  • Presents the latest release in the Handbook of the Economics of Corporate Finance series
  • Updated release includes the latest information on Private Equity and Entrepreneurial Finance

Readership

Graduate students and professors worldwide studying financial economics, in particular corporate finance

Table of contents

PART I Early-stage financing


1. The contracting and valuation of venture capital-backed companies
Will Gornall and Ilya A. Strebulaev

2. Venture capital and innovation
Josh Lerner and Ramana Nanda

3. Small firm financing: Sources, frictions, and policy implications
Ramana Nanda and Gordon Phillips

PART II Later stage financing

4. Private equity financing
Victoria Ivashina

5. Buyouts: A primer
Tim Jenkinson, Hyeik Kim, and Michael S. Weisbach

6. Gender and race in entrepreneurial finance
Michael Ewens

PART III Impact and performance

7. Stakeholder impact of private equity investments
Morten Sorensen and Ayako Yasuda

8. Risk and return in private equity
Arthur Korteweg

PART IV Short chapter summaries
Short chapter summaries

Product details

  • Edition: 1
  • Latest edition
  • Published: June 9, 2023
  • Language: English

About the editors

BE

Bjørn Espen Eckbo

Professor B. Espen Eckbo holds the Tuck Centennial Chair in Finance. He is also Faculty Director of Tuck's Lindenauer Center for Corporate Governance, which he founded in 1999. He teaches advanced MBA courses in the areas of corporate finance, corporate takeovers and international corporate governance. Professor Eckbo, who received a PhD in financial economics from the University of Rochester in 1981, has published extensively in the top finance journals in the areas of corporate finance, investment banking, and the market for corporate control. He is a recipient of an honorary doctoral degree from the Norwegian School of Economics, the prestigious Batterymarch Fellowship, as well as several outstanding-paper awards. He is a research Associate of the European Corporate Governance Institute (ECGI), and a frequent keynote and invited seminar speaker. He was called in 2009 by the U.S. Congress to testify on issues concerning the government’s large equity ownership positions in companies rescued under the Troubled Asset Relief Program (TARP).
Affiliations and expertise
Center for Corporate Governance, Tuck School of Business, Dartmouth College, Hanover, NH, USA

GP

Gordon M. Phillips

Gordon M. Phillips is at Tuck School of Business, Dartmouth College, NH, USA
Affiliations and expertise
Dartmouth College, NH, USA

MS

Morten Sorensen

Morten Sorensen works at Tuck School of Business, Dartmouth College, New Hampshire, USA
Affiliations and expertise
Dartmouth College, NH, USA

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