Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 15 July 2020

Abstract and Keywords

This article analyzes the determinants of the capital structure of venture capital (VC)-backed firms before the entrance of the VC investors. The analyses are carried out on a large representative sample of Spanish VC-backed firms, which is also free of survivorship bias. The results are compared with those obtained in a matched sample of similar non-VC-backed firms. The article contributes to identifying, if any, the existence of specific economic and financial characteristics of firms in which venture capitalists invest later, prior to the initial investment event.

Keywords: venture capital, venture capitalists, capital structure, Spanish firms

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.