Asset liquidity and venture capital investment

We examine the relationship between asset market liquidity and venture capital (VC) investment and find that it is inverted U-shaped. Asset liquidity and VC investment are positively related for low levels of asset liquidity but negatively related for higher levels of asset liquidity. We also docume...

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Bibliographic Details
Published in:Journal of corporate finance (Amsterdam, Netherlands) Vol. 69; no. 69; p. 101963
Main Authors: Nguyen, Giang, Vo, Vinh
Format: Journal Article
Language:English
Published: Elsevier B.V 01.08.2021
Elsevier
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ISSN:0929-1199, 1872-6313
Online Access:Get full text
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