 |
|
| VENTURE CAPITAL AND PRIVATE EQUITY CONTRACTING
| |
| | |
|
|
An International Perspective
To order this title, and for more information, click here
By
Douglas Cumming, Schulich School of Business, York University
Sofia Johan, Tilburg Law and Economic Centre (TILEC), The Netherlands
Description
Other books present corporate finance approaches to the VC/PE industry, but many key decisions require an understanding of the ways that
law and economics work together. This book is better than straight corporate finance textbooks because it offers broad perspectives and
principles that enable readers to deduce the economic implications of specific contract terms. This approach avoids the common pitfalls
of implying that contractual terms apply equally to firms in any industry anywhere in the world.
Audience
Upper-division undergraduates and graduate students studying financial and legal aspects of venture capital and private equity
Contents
Preface
Part I. Introduction
1. Introduction and Overview
2. Agency Costs and Forms of Finance
Part II. Fund Structure and Governance
3. What Should Fund Managers Care About? Perspectives from Institutional Investors
4. Limited Partnership Agreements
5. Compensation
Contracts
6. Fundraising and Regulation
7. Specialized Investment Mandates
8. The Role of Government and Alternative Policy Options
Part III. Financial Contracting between Funds and Entrepreneurs
9. The Investment Process
10. Security Design
11. Security Design and
Adverse Selection
12. Corporate Venture Capital Fund Contracts
13. Preplanned Exits and Contract Design
Part IV. Investor Effort
14.
Investor value-added
15. Do contracts affect effort?
16. Where to invest?
17. How many investee firms?
Part V. Divestment
18. The Divestment
Process
19. Exit Outcomes
20. Contracts and Exits
21. Returns, Valuation and Disclosure
Part VI. Conclusion and Appendices
22. Summary
and Concluding Remarks
Appendix 1: Sample Limited Partnership Fund Agreement
Appendix 2: Sample Term Sheet
Appendix 3: Sample Shareholder
Agreement
Appendix 4: Sample Subscription Agreement
Index
| Bibliographic details |
Hardbound, 792 pages, publication date: JAN-2009
ISBN-13: 978-0-12-198581-3
ISBN-10: 0-12-198581-4
Imprint: ACADEMIC PRESS
|
| Price and Ordering |
Price:
USD 89.95
EUR 63.95
GBP 54.99
|  |
Books and book related electronic products are priced in US dollars (USD), euro (EUR), and Great Britain Pounds (GBP). USD prices apply to the Americas and Asia Pacific. EUR prices apply in Europe and the Middle East. GBP prices apply to the UK and all other countries.
|
See also information about conditions of sale & ordering procedures, and links to our regional sales offices.
|
999/999
Last update: 25 Nov 2009
|
|
| |
| | |
|
|
| |
Home | Elsevier Sites | Privacy Policy | Terms and Conditions | Feedback | Site Map | A Reed Elsevier Company