Review of Corporate Finance Studies最新文献_第10页

IF 11.3

Review of Corporate Finance Studies Pub Date : 2022-01-01 DOI: 10.1093/rcfs/cfac013

引用次数: 3

The Role of Environmental Policies in Promoting Venture Capital Investments in Cleantech Companies 环境政策在促进风险资本投资清洁技术公司中的作用

IF 11.3

Review of Corporate Finance Studies Pub Date : 2022-01-01 DOI: 10.1561/114.00000024

R. Bianchini, A. Croce

{"title":"The Role of Environmental Policies in Promoting Venture Capital Investments in Cleantech Companies","authors":"R. Bianchini, A. Croce","doi":"10.1561/114.00000024","DOIUrl":"https://doi.org/10.1561/114.00000024","url":null,"abstract":"This paper provides insights on the role of environmental policies in promoting venture capital (VC) investments in companies involved in the development of clean technologies. Based on a supervised machine learning algorithm, we develop a fully replicable methodology to identify cleantech companies among a comprehensive database of VC-backed companies. We, then, analyze the relationship between the stringency level of environmental policies and VC investments in cleantech companies operating in 21 OECD countries. Moreover, we explore whether policies have a differential effect in fostering Institutional VC (IVC) and Governmental VC (GVC) investments. Our findings indicate that IVC investments in cleantech are mainly driven by stringency of environmental taxes and market pull mechanism as feed in tariff and R&D subsidies, whereas GVC investment decisions are positively influenced by the stringency level of emission trading system. Moreover, our results suggest that GVC funds are developed as an alternative to incentive mechanisms: when direct incentives developed by governmental agencies are less developed, the relevance of GVC investments increases, this suggesting a complementarity between the two forms of intervention.","PeriodicalId":44656,"journal":{"name":"Review of Corporate Finance Studies","volume":"49 1","pages":""},"PeriodicalIF":11.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88342601","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 23

OUP accepted manuscript OUP接受稿件

IF 11.3

Review of Corporate Finance Studies Pub Date : 2022-01-01 DOI: 10.1093/rcfs/cfac003

引用次数: 2

Can Family Involvement Be a Substitute for Executive Inside Debt in Lowering the Cost of Bank Loans? A Behavioral Agency Perspective 家族参与能否替代高管内部债务降低银行贷款成本?行为代理视角

IF 11.3

Review of Corporate Finance Studies Pub Date : 2022-01-01 DOI: 10.1561/114.00000031

R. Ding, Mingzhi Liu, Yuan-Hsin Wang, Zhenyu Wu

引用次数: 4

Corporate Finance and Family Firms 公司金融和家族企业

IF 11.3

Review of Corporate Finance Studies Pub Date : 2022-01-01 DOI: 10.1561/114.00000026

Zhenyu Wu, Li Yu

引用次数: 2

OUP accepted manuscript OUP接受稿件

IF 11.3

Review of Corporate Finance Studies Pub Date : 2022-01-01 DOI: 10.1093/rcfs/cfac002

引用次数: 0

OUP accepted manuscript OUP接受稿件

IF 11.3

Review of Corporate Finance Studies Pub Date : 2022-01-01 DOI: 10.1093/rcfs/cfac006

引用次数: 0

OUP accepted manuscript OUP接受稿件

IF 11.3

Review of Corporate Finance Studies Pub Date : 2022-01-01 DOI: 10.1093/rcfs/cfac004

引用次数: 1

Should Investors Care Where Private Equity Managers Went to School? 投资者应该关心私募股权基金经理的学历吗?

IF 11.3

Review of Corporate Finance Studies Pub Date : 2022-01-01 DOI: 10.1561/114.00000021

Florian Fuchs, Roland Füss, Tim Jenkisnon, Stefan Morkoetter

引用次数: 10

OUP accepted manuscript OUP接受稿件

IF 11.3

Review of Corporate Finance Studies Pub Date : 2022-01-01 DOI: 10.1093/rcfs/cfac001

引用次数: 0