英语翻译The original contributions of the paper are first to pro
来源:学生作业帮 编辑:作业帮 分类:英语作业 时间:2024/08/27 08:06:21
英语翻译
The original contributions of the paper are first to propose a model where syndication arises endogenously.Syndication is not the unique way to achieve coordination,though.For instance,
contractual arrangements involving transfers between venture capitalists are equally valid in our setting.We view these transfers as less likely,since venture capital investments are typically governed by restrictive fund covenants.3 It is plausible that setting transfers from one fund to another generates additional costs to circumvent the funds investment restrictions.We suggest that syndication,because it avoids direct transfers between venture capitalists,can mitigate these
problems and allow information gathering.Second,we highlight the importance of experience on the formation and efficiency of syndicates,and on the ex post involvement of venture capitalists.To our knowledge,no other theoretical paper considers this dimension.This enables us to propose a number of empirical predictions and possible tests.
The original contributions of the paper are first to propose a model where syndication arises endogenously.Syndication is not the unique way to achieve coordination,though.For instance,
contractual arrangements involving transfers between venture capitalists are equally valid in our setting.We view these transfers as less likely,since venture capital investments are typically governed by restrictive fund covenants.3 It is plausible that setting transfers from one fund to another generates additional costs to circumvent the funds investment restrictions.We suggest that syndication,because it avoids direct transfers between venture capitalists,can mitigate these
problems and allow information gathering.Second,we highlight the importance of experience on the formation and efficiency of syndicates,and on the ex post involvement of venture capitalists.To our knowledge,no other theoretical paper considers this dimension.This enables us to propose a number of empirical predictions and possible tests.
本文的原始的贡献是提出企业联合组织化出现内在的模型的第一.企业联合组织化不是独特的方式达到协调,虽则.例如,
介入在冒险资本家之间的契约安排调动是同样有效的在我们的设置.我们观看这些调动很少可能地,因为风险投资由限制性资金covenants.3典型地治理振振有词的设置从一笔资金的调动到另一个引起追加成本徊避资金投资制约.我们建议那企业联合组织化,因为它避免在冒险资本家之间的直接调动,可以缓和这些
问题和允许信息汇聚.其次,我们突出经验的重要性在企业联合组织形成和效率和在冒险资本家的事后介入.据我们所知,其他理论纸不考虑这个维度.这使我们提出一定数量经验主义的预言和可能的测试.
介入在冒险资本家之间的契约安排调动是同样有效的在我们的设置.我们观看这些调动很少可能地,因为风险投资由限制性资金covenants.3典型地治理振振有词的设置从一笔资金的调动到另一个引起追加成本徊避资金投资制约.我们建议那企业联合组织化,因为它避免在冒险资本家之间的直接调动,可以缓和这些
问题和允许信息汇聚.其次,我们突出经验的重要性在企业联合组织形成和效率和在冒险资本家的事后介入.据我们所知,其他理论纸不考虑这个维度.这使我们提出一定数量经验主义的预言和可能的测试.
英语翻译One of the greatest contributions to the first Oxford En
the chinese ___ the first to use paper money pro
what are the main contributions of Robert Frost to American
英语翻译10.6 To the extent that theOffer Contributions are not f
英语翻译This paper first reviews some explanations of the growth
all of them made great contributions (to preparing for) the
英语翻译This article mainly illustrates the contributions of for
英语翻译MCKUSICK I gather from the original GFS paper [Ghemawat,
英语翻译Secondly,on the basis of complementary advantages to pro
英语翻译The first of the features of an academic paper is the co
英语翻译we are out of paper for the printer
英语翻译if the last four students of the first prize are to be g