Oghenovo A. Obrimah

TL;DR: In this article, an asset pricing model which consists of the market portfolio, the market skewness or co-skewness factors, and portfolio idiosyncratic volatility factor best explains portfolio risk-return trade-offs on the Nigerian Stock Exchange (NSE), indicating this model is appropriate for studies of semi-strong form efficiency of the Nigerian stock market.

TL;DR: In this paper, the authors provide evidence that VC's market reputation consists of two components: an expected component derived from "expectations about VCs' ability to deliver relatively safe ventures to market" and an unexpected component resulting from "unanticipated improvements in VC's ability to delivering relatively innovative ventures to markets".

TL;DR: This article found that VCs' information production activities help decrease uncertainty about asset valuations within public equity markets, resulting in price convergence within the cross-section of IPOs that are backed by different classes of VCs and price convergence between VC and non-VC backed IPOs.

TL;DR: In this article, the authors find evidence of reversals in relative exit performance between the "short" and "long-run" in the VC market, with the short run defined to be the first five years of business, and the long-run, the sixth year of business onwards.

TL;DR: In this article, the authors find empirical evidence that venture capitalists' (VCs) principals reward unanticipated or unexpected improvements in VCs' ability to deliver relatively innovative ventures to market with market reputation.