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The Allocation of Control Rights in Venture Capital Contracts

✍ Scribed by Thomas Hellmann


Book ID
124755386
Publisher
The RAND Corporation
Year
1998
Tongue
English
Weight
460 KB
Volume
29
Category
Article
ISSN
0741-6261

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## Abstract Previous studies in organizational economics and international business research have not tested a property rights view on the allocation of decision rights (DR) in joint ventures (JVs). The paper offers a test of the property rights explanation by using data from Hungarian JVs. Our ana