Impact of Social Venture Capital on Deal and Post-Funding Financial Outcomes of Social Ventures.

Autor: Srivastava, Jagriti, Kalubandi, Sai Chittaranjan, Gopalakrishnan, Balagopal, Levasseur, Ludvig, Allison, Thomas Houston, Short, Jeremy Collin
Zdroj: Academy of Management Annual Meeting Proceedings; 2024, Vol. 2024 Issue 1, pN.PAG-N.PAG, 1p
Abstrakt: In this paper, we find that a shared focus on commercial returns and social welfare leads to higher funding and valuation in Social Venture Capital (SVC) deals. We also find that (1) a domestic market focus of the SVC firm plays a positive moderating role on deal valuation, (2) the growth stage of the investee plays a positive moderating role on funding and deal valuation, and (3) VC syndicates have a negative impact on the relationships between SVC and funding and deal valuation. Overall, SVC has a positive and significant effect on investee's post-funding financial performance. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index