Crossed wires: Endorsement signals and the effects of IPO firm delistings on venture capitalists’ reputations
Signaling theorists have paid a great deal of attention to the costs of acquiring characteristics that can serve as signals, such as endorsements from reputable third parties. However, limited attention has been devoted to the penalty costs associated with providing inaccurate signals and the factor...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Academy of Management
2019
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Online Access: | View Fulltext in Publisher |