Further Readings

The enclosed list is not an exhaustive list of books and articles on the topics covered in the book, but rather a list of suggested readings, for those interested in further enhancing their understanding of these topics.

Admati, Anat R. and Paul Pfleiderer, 1994, "Robust financial contracting and the role of venture capitalists," Journal of Finance, 49. 371 402.

Asquith, Paul and David W. Mullins, Jr., 1986, "Equity issues and offering dilution," Journal of Financial Economics, 25: 61 89.

Ben-Daniel D., Jesse Reyes and Michael D'Angelo, 2000, "Concentration in the venture capital industry," Journal of Private Equity, 3: 7-13.

Bergemann, Dirk, and Ulrich Hege, 1998, "Dynamic venture capital financing, learning, and moral hazard," Journal of Banking and Finance, 22:1-48.

Black, Bernard S. and Ronald J. Gilson, 1998, "Venture capital and the structure of capital markets: banks versus stock markets," Journal of Financial Economics, 47:243-277.

Brynjolfsson, Erik and Brian Kahin (eds.), 2000, Understanding the Digital Economy, Cambridge, MA: MIT Press.

Dixit, Avinash and Robert S. Pindyck, 1994, Investment Under Uncertainty, Princeton University Press, Princeton, New Jersey.

Fama, Eugene, 1996, "Multifactor portfolio efficiency and multifactor asset pricing," Journal of Financial and Quantitative Analysis, 31:441-465.

Fama, Eugene and Kenneth R. French, 1996, "Multifactor explanations of asset pricing anomalies," Journal of Finance, 51: 55-84.

Fenn, G. W., N. Liang and S. Prose, 1997, "The role of angel investor's and venture capitalist in financing high tech startups." Board of Governors of the Federal Reserve System, Washington DC.

Fuerst, Oren and Nahum Melumad, 2001a, "Valuing Old and New Companies," Financial Times Mastering Investments, May 23.

Fuerst, Oren and Nahum Melumad, 2001b, "Valuing Companies: Simulations, Options and Partnerships," Financial Times Mastering Investments, May 23.

Gibbons, Robert and Kevin J. Murphy, 1992, "Optimal incentive contracts in the presence of career concerns: theory and evidence," Journal of Political Economy, 100:468-505.

Gilson, Ronald J. and Bernard S. Black, The Law and Finance of Corporate Acquisitions (2d ed., 1995), University Case Books.

Gompers, Paul and Josh Lerner, 1999, "An analysis of compensation in the U.S. venture capital partnership," Journal of Financial Economics, 51: 3-44.

Gompers, Paul A. and Josh Lerner, 1999, The Venture Capital Cycle, Cambridge: Massachusetts: MIT Press.

Grenadier, Steven R. and Allen M. Weiss, 1997, "Investment in technological innovations: an option pricing approach," Journal of Financial Economics, 44:397-416.

Halloran, Michael, Lee Benton, Robert Gunderson, Keith Kearney and Jorge del Calvo, 1995, Venture Capital and Public Offering Negotiation, Englewood Cliffs, New Jersey: Aspen Law and Business.

Hellman, Tomas, 1998, "The allocation of control rights in venture capital contracts," Rand Journal of Economics, 29: 57-76.

Jensen, Michael and William H. Meckling, 1976, "Theory of the firm: managerial behavior, agency costs, and the ownership structure," Journal of Financial Economics, 3: 305-360.

Kortun, Shmuel and Josh Lerner, 2000, "Assessing the contribution of venture capital to innovation," Rand Journal of Economics, 31: 574-692.

Levin, Jack S., 1999, Structuring Venture Capital, Private Equity and Entrepreneurial Transactions, Githersburg NY Panel Publication, Aspen Publishing.

Megginson, William and Kathleen A. Weiss, 1991, "Venture capital certification in initial public offerings," Journal of Finance, 46:879-893.

Morck, Randall, 2000, Concentrated Ownership. Chicago, IL: University of Chicago Press.

Mikkelson, Wayne, Megan Partch and Kenneth Shah, 1997, "Ownership and operating performance of companies that go public," Journal of Financial Economics, 4:281-307.

Ohlson, James, 1995, "Earnings, book values and dividends in equity valuation," Contemporary Accounting Research, Spring, 661-687.

Penman, Stephen, 2001, Financial Statement Analysis and Security Valuation, McGraw-Hill Higher Education.

Penman, Stephen and Theodore Sougiannis, 1995, "A comparison of dividend, cash flow, and earnings approaches to equity valuation," Contemporary Accounting Research, Spring, 661-687.

Sahlman, William 1990, "The structure and governance of venture capital organizations," Journal of Financial Economics, 27:473-521.

Shleifer, Andrei and Robert Vishny, 1997, "A survey of corporate governance," Journal of Finance, 52:737-783.

Simesnki, Melvin, L. Bryer, Neil Wilkof, 1999, Intellectual Property in the Global Marketplace, New York, NY: John Wiley and Sons.

Tirole, Jean, 1988, The Theory of Industrial Organization, Cambridge, MA: MIT Press.

Trigeorgis, Leno, 1996, Real Options, Cambridge: Massachusetts: MIT Press.