Now showing items 1-4 of 4

    • Entrepreneurship as Experimentation 

      Kerr, William Robert; Nanda, Ramana; Rhodes-Kropf, Matthew (American Economic Association, 2014)
      Entrepreneurship research is on the rise, but many questions about its fundamental nature still exist. We argue that entrepreneurship is about experimentation: the probabilities of success are low, extremely skewed, and ...
    • Governance and CEO Turnover: Do Something or Do the Right Thing? 

      Fisman, Ray; Khurana, Rakesh; Rhodes-Kropf, Matthew; Yim, Soojin (INFORMS, 2014)
      We study how corporate governance affects firm value through the decision of whether to fire or retain the CEO. We present a model in which weak governance—which prevents shareholders from controlling the board—protects ...
    • Is a VC Partnership Greater Than the Sum of Its Partners? 

      Ewens, Michael; Rhodes-Kropf, Matthew (Wiley-Blackwell, 2015)
      This paper investigates whether individual venture capitalists have repeatable investment skill and to what extent their skill is impacted by the VC firm where they work. We examine a unique dataset that tracks the performance ...
    • The Price of Diversifiable Risk in Venture Capital and Private Equity 

      Ewens, Michael; Jones, Charles; Rhodes-Kropf, Matthew (Oxford University Press (OUP), 2013)
      This paper explores the private equity and venture capital (VC) markets and extends the standard principal-agent problem between the investors and venture capitalist to show how it alters the interaction between the venture ...