Strategy and the board of directors in venture capital-backed firms
Article Abstract:
Boards of directors are more engaged in the plotting of company strategies and evaluating them when they have large financial investments or ownership stakes in venture capital-backed firms. The same level of involvement is manifested even if board size, insider board representation, and diversification level are not changed. This demeanor is explained by the institutional theory which contends that organizational routines, the role of the board included, can be traced to historical patterns of behavior which the industry eventually embraced as appropriate.
Publication Name: Journal of Business Venturing
Subject: Business, general
ISSN: 0883-9026
Year: 1998
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Learning from successful local private firms in China: establishing legitimacy
Article Abstract:
Private firms in China establish their legitimacy through connections in their area. Multinational firms that attempt to enter the Chinese market can learn from these local private companies.
Publication Name: The Academy of Management Executive
Subject: Business, general
ISSN: 0896-3789
Year: 2001
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An institutional view of China's venture capital industry: explaining the differences between China and the West
Article Abstract:
Differences between venture capital companies in China and the US and Europe are discussed. There is a dearth of venture capitalists in China.
Publication Name: Journal of Business Venturing
Subject: Business, general
ISSN: 0883-9026
Year: 2003
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