Sunday, February 04, 2007

Risk management in Indian VC and PE firms: Comparative study

Part of a special issue on emerging markets and international business. A study was conducted to examine how Indian venture capital and private equity companies manage various dimensions of risk. Findings reveal that evaluation criteria are partly used by funds to mitigate adverse selection problems and that syndication and staged financing are used by funds as relevant methods to mitigate adverse selection and moral hazard problems. Also presented are findings that compare the risk-management practices of Indian and U.K. funds.

Thunderbird International Business Review v. 47 no. 4 (July/August 2005) p. 469-88