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This paper reports findings from a questionnaire survey that sought to establish whether venture capitalists were using inappropriate, short-term accounting criteria to assess and monitor investment in start-up, internet companies. It found that while venture capitalists used some short-term criteria, these may be appropriate in the wake of many internet companies' bankruptcy before ever paying dividends.
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Tom
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111--122
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Bibliogr. 19 poz., tab.
Bibliografia
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- 12. Manigart S., De Waele K., Wright M., Robbie K., Desbrieres P., Sopienza H., Beekman A. (2000), Venture capitalists, investment appraisal and accounting information: a comparative study of the USA, UK, France, Belgium and Holland, “European Financial Management”, Vol. 6, No. 3, p. 389-403.
- 13. McCown J.R. (2001), Yield curves and international equity returns, “Journal of Banking & Finance”, Vol. 25, p. 767-788.
- 14. Murray G.C. (1995), Evolution and Change: An Analysis of the first decade of the UK Venture Capital Industry, “Journal of Business Finance & Accounting”, Vol. 22, No. 8, p. 1077-1106.
- 15. Perez C. (2002), Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages, Edward Elgar, Cheltenham.
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- 17. Ramboarisata L., Macdonald R. (2000), Leadership and Start-up Financing, in: Select Proceedings of the International Leadership Association, http://www.academy.umd.edu/ila2000proceedings/ramboarista.htm.
- 18. Tehrani R. (2003), It’s All About Service, in: BizWatch, http://www.tmcnet.com/bizwatch/articles/073102a.htm.
- 19. Venture Capital Today (2002), Venture Capital Report 2001/2002 edition, Venture Capital Report Limited, London.
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Bibliografia
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bwmeta1.element.baztech-article-BPZ2-0024-0018