Venture Capital Contracting with Double-Sided Moral Hazard and Fairness Concerns

The development of new venture enterprise is the result of joint efforts of entrepreneurs and venture capitalists who collaborate based on complementary resources. In this paper, we analyze a venture capital incentive contracting model in which a venture capitalist interacts with an entrepreneur who...

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Bibliographic Details
Main Authors: Jiajia Chang, Zhijun Hu
Format: Article
Language:English
Published: Hindawi Limited 2018-01-01
Series:Mathematical Problems in Engineering
Online Access:http://dx.doi.org/10.1155/2018/5296350