S
Susheng Wang
Researcher at Hong Kong University of Science and Technology
Publications - 105
Citations - 1220
Susheng Wang is an academic researcher from Hong Kong University of Science and Technology. The author has contributed to research in topics: Venture capital & Investment (macroeconomics). The author has an hindex of 15, co-authored 96 publications receiving 1116 citations. Previous affiliations of Susheng Wang include University of Toronto & Concordia University.
Papers
More filters
Journal ArticleDOI
Financial development and economic growth: Recent evidence from China
TL;DR: Li et al. as discussed by the authors investigated the relationship between financial development and economic growth at the city level in China and found that most traditional indicators of financial development are positively associated with economic growth.
Journal ArticleDOI
Staged financing in venture capital: moral hazard and risks
Susheng Wang,Hailan Zhou +1 more
TL;DR: In this paper, the authors investigate staged financing in an environment where an entrepreneur faces an imperfect capital market and an investor faces moral hazard and uncertainty, and show that when used together with a sharing contract, staged financing acts as an effective complementary mechanism to contracting in controlling agency problems.
Journal ArticleDOI
Cross-border venture capital performance: Evidence from China
Lanfang Wang,Susheng Wang +1 more
TL;DR: In this article, the authors investigated the impact of foreign VC firms' human capital and domestic entrepreneurs' experience on the performance of both VC investments and portfolio companies using logit and Cox hazard models.
Posted Content
Economic Freedom and Cross-Border Venture Capital Performance
Lanfang Wang,Susheng Wang +1 more
TL;DR: In this article, the authors investigate the determinants of cross-border venture capital performance using a large sample of 10,205 VC investments by 1,906 foreign VC firms (VCs) in 6,535 domestic portfolio companies.
Journal ArticleDOI
Linear Contracts and the Double Moral-Hazard*
Son Ku Kim,Susheng Wang +1 more
TL;DR: In this paper, the authors studied the characteristics of optimal contracts when the agent is risk-averse in the double moral-hazard situation in which the principal also participates in the production process and found that the agent's optimal incentive scheme in this case is unique and non-linear, but less sensitive to output than would be designed under a single moral hazard.