Equity Financing and Covenants in Venture Capital
Publication year: 2006
: 978-3-8350-9188-7
Karoline Jung-Senssfelder presents the first augmented contracting analysis, focusing on the interaction of both, financial instruments and covenants, in the creation of incentives to the contracting parties. With a focus on the German market, she integrates the findings of her model-based theoretical and survey-based empirical analyses to derive value-adding implications for an incentive-compatible contract design in the German venture capital market.
: Business and Economics, Deutschland, Financing, Klauseln, Private Equity, Venture Capital, Vertragsgestaltung, Wandelbare Finanzierungsinstrumente, cash flow
