Details about Paul Alan Gompers

Homepage:	http://people.hbs.edu/pgompers
Workplace:	Finance Unit, Harvard Business School, Harvard University, (more information at EDIRC) National Bureau of Economic Research (NBER), (more information at EDIRC)

Access statistics for papers by Paul Alan Gompers.

Last updated 2023-07-09. Update your information in the RePEc Author Service.

Short-id: pgo301

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Working Papers

2023

1. Failing Just Fine: Assessing Careers of Venture Capital-backed Entrepreneurs via a Non-Wage Measure
   Working Papers, Federal Reserve Bank of Philadelphia
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2022)
2. No Revenge for Nerds? Evaluating the Careers of Ivy League Athletes
   NBER Working Papers, National Bureau of Economic Research, Inc
3. The Market for CEOs: Evidence from Private Equity
   NBER Working Papers, National Bureau of Economic Research, Inc

2022

4. Getting Schooled: The Role of Universities in Attracting Immigrant Entrepreneurs
   Working Papers, Federal Reserve Bank of Philadelphia
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (3)
5. Transferable Skills? Founders as Venture Capitalists
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2021

6. Diversity and Performance in Entrepreneurial Teams
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
7. Venture Capital’s “Me Too” Moment
   NBER Working Papers, National Bureau of Economic Research, Inc

2020

8. Private Equity and COVID-19
   Working Papers, Becker Friedman Institute for Research In Economics View citations (1)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (1)
   See also Journal Article Private equity and Covid-19, Journal of Financial Intermediation, Elsevier (2022) View citations (9) (2022)
9. Venture Capitalists and COVID-19
   Working Papers, Becker Friedman Institute for Research In Economics View citations (6)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (6)
   See also Journal Article Venture Capitalists and COVID-19, Journal of Financial and Quantitative Analysis, Cambridge University Press (2021) View citations (10) (2021)

2017

10. And the Children Shall Lead: Gender Diversity and Performance in Venture Capital
    Harvard Business School Working Papers, Harvard Business School View citations (13)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (13)
    See also Journal Article And the children shall lead: Gender diversity and performance in venture capital, Journal of Financial Economics, Elsevier (2021) View citations (13) (2021)
11. Diversity in Innovation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
12. Homophily in Entrepreneurial Team Formation
    Harvard Business School Working Papers, Harvard Business School
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (2)

2016

13. How Do Venture Capitalists Make Decisions?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (35)
    See also Journal Article How do venture capitalists make decisions?, Journal of Financial Economics, Elsevier (2020) View citations (85) (2020)

2015

14. What Do Private Equity Firms Say They Do?
    Harvard Business School Working Papers, Harvard Business School View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (4)
    See also Journal Article What do private equity firms say they do?, Journal of Financial Economics, Elsevier (2016) View citations (70) (2016)

2012

15. The Cost of Friendship
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    See also Journal Article The cost of friendship, Journal of Financial Economics, Elsevier (2016) View citations (67) (2016)

2009

16. Buy Local? The Geography of Successful and Unsuccessful Venture Capital Expansion
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)

2006

17. Skill vs. Luck in Entrepreneurship and Venture Capital: Evidence from Serial Entrepreneurs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (50)

2005

18. Large Blocks of Stock: Prevalence, Size, and Measurement
    Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations (10)
    See also Journal Article Large blocks of stock: Prevalence, size, and measurement, Journal of Corporate Finance, Elsevier (2006) View citations (100) (2006)
19. Venture Capital Investment Cycles: The Impact of Public Markets
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    See also Journal Article Venture capital investment cycles: The impact of public markets, Journal of Financial Economics, Elsevier (2008) View citations (172) (2008)

2004

20. Incentives vs. Control: An Analysis of U.S. Dual-Class Companies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (21)

2003

21. Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986-1999
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    See also Journal Article Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986 to 1999, Journal of Finance, American Finance Association (2005) View citations (228) (2005)
22. Institutions, Capital Constraints and Entrepreneurial Firm Dynamics: Evidence from Europe
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (155)

2002

23. Corporate Governance and Equity Prices
    Center for Financial Institutions Working Papers, Wharton School Center for Financial Institutions, University of Pennsylvania View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (55)
    See also Journal Article Corporate Governance and Equity Prices, The Quarterly Journal of Economics, President and Fellows of Harvard College (2003) View citations (2325) (2003)
24. Who Underreacts to Cash-Flow News? Evidence from Trading between Individuals and Institutions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (179)
    See also Journal Article Who underreacts to cash-flow news? evidence from trading between individuals and institutions, Journal of Financial Economics, Elsevier (2002) View citations (181) (2002)

2001

25. The Really Long-Run Performance of Initial Public Offerings: The Pre-NASDAQ Evidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article The Really Long‐Run Performance of Initial Public Offerings: The Pre‐Nasdaq Evidence, Journal of Finance, American Finance Association (2003) View citations (74) (2003)

1999

26. What Drives Venture Capital Fundraising?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (96)
    See also Journal Article What Drives Venture Capital Fundraising?, Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (1998) View citations (187) (1998)

1998

27. Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    See also Journal Article Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital, Journal of Law and Economics, University of Chicago Press (1999) View citations (72) (1999)
28. How Are Large Institutions Different from Other Investors? Why Do These Differences Matter?
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations (24)
29. Institutional Investors and Equity Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (4)
    See also Journal Article Institutional Investors and Equity Prices, The Quarterly Journal of Economics, President and Fellows of Harvard College (2001) View citations (679) (2001)
30. The Determinants of Corporate Venture Capital Successes: Organizational Structure, Incentives, and Complementarities
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (55)
    See also Chapter The Determinants of Corporate Venture Capital Success: Organizational Structure, Incentives, and Complementarities, NBER Chapters, National Bureau of Economic Research, Inc (2000) View citations (62) (2000)

Undated

31. Is the Abnormal Return Following Equity Issuances Anomalous?
    Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (2)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (2)
    See also Journal Article Is the abnormal return following equity issuances anomalous?, Journal of Financial Economics, Elsevier (2000) View citations (207) (2000)

Journal Articles

2023

1. Getting schooled: Universities and VC-backed immigrant entrepreneurs
   Research Policy, 2023, 52, (7)

2022

2. Gender Gaps in Venture Capital Performance
   Journal of Financial and Quantitative Analysis, 2022, 57, (2), 485-513 View citations (1)
3. Private equity and Covid-19
   Journal of Financial Intermediation, 2022, 51, (C) View citations (9)
   See also Working Paper Private Equity and COVID-19, Working Papers (2020) View citations (1) (2020)

2021

4. And the children shall lead: Gender diversity and performance in venture capital
   Journal of Financial Economics, 2021, 142, (1), 1-22 View citations (13)
   See also Working Paper And the Children Shall Lead: Gender Diversity and Performance in Venture Capital, Harvard Business School Working Papers (2017) View citations (13) (2017)
5. Venture Capitalists and COVID-19
   Journal of Financial and Quantitative Analysis, 2021, 56, (7), 2474-2499 View citations (10)
   See also Working Paper Venture Capitalists and COVID-19, Working Papers (2020) View citations (6) (2020)

2020

6. How do venture capitalists make decisions?
   Journal of Financial Economics, 2020, 135, (1), 169-190 View citations (85)
   See also Working Paper How Do Venture Capitalists Make Decisions?, NBER Working Papers (2016) View citations (35) (2016)

2019

7. More than Money: Venture Capitalists on Boards
   The Journal of Law, Economics, and Organization, 2019, 35, (3), 513-543 View citations (20)

2016

8. The cost of friendship
   Journal of Financial Economics, 2016, 119, (3), 626-644 View citations (67)
   See also Working Paper The Cost of Friendship, NBER Working Papers (2012) View citations (12) (2012)
9. What do private equity firms say they do?
   Journal of Financial Economics, 2016, 121, (3), 449-476 View citations (70)
   See also Working Paper What Do Private Equity Firms Say They Do?, Harvard Business School Working Papers (2015) View citations (5) (2015)

2010

10. Buy local? The geography of venture capital
    Journal of Urban Economics, 2010, 67, (1), 90-102 View citations (123)
    See also Chapter Buy Local? The Geography of Venture Capital, NBER Chapters, 2010 (2010) View citations (136) (2010)
11. Extreme Governance: An Analysis of Dual-Class Firms in the United States
    The Review of Financial Studies, 2010, 23, (3), 1051-1088 View citations (160)
    See also Chapter Extreme Governance: An Analysis of Dual-Class Firms in the United States, NBER Chapters, 2010 (2010) View citations (156) (2010)
12. Performance persistence in entrepreneurship
    Journal of Financial Economics, 2010, 96, (1), 18-32 View citations (181)

2009

13. Specialization and Success: Evidence from Venture Capital
    Journal of Economics & Management Strategy, 2009, 18, (3), 817-844 View citations (111)
    See also Chapter Specialization and Success: Evidence from Venture Capital, NBER Chapters, 2007 (2007) (2007)

2008

14. Venture capital investment cycles: The impact of public markets
    Journal of Financial Economics, 2008, 87, (1), 1-23 View citations (172)
    See also Working Paper Venture Capital Investment Cycles: The Impact of Public Markets, NBER Working Papers (2005) View citations (14) (2005)

2006

15. Large blocks of stock: Prevalence, size, and measurement
    Journal of Corporate Finance, 2006, 12, (3), 594-618 View citations (100)
    See also Working Paper Large Blocks of Stock: Prevalence, Size, and Measurement, Working Paper Series (2005) View citations (1) (2005)

2005

16. Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986 to 1999
    Journal of Finance, 2005, 60, (2), 577-614 View citations (228)
    See also Working Paper Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986-1999, NBER Working Papers (2003) View citations (15) (2003)

2003

17. Corporate Governance and Equity Prices
    The Quarterly Journal of Economics, 2003, 118, (1), 107-156 View citations (2325)
    See also Working Paper Corporate Governance and Equity Prices, Center for Financial Institutions Working Papers (2002) View citations (5) (2002)
18. The Determinants of Board Structure at the Initial Public Offering
    Journal of Law and Economics, 2003, 46, (2), 569-98 View citations (196)
19. The Really Long‐Run Performance of Initial Public Offerings: The Pre‐Nasdaq Evidence
    Journal of Finance, 2003, 58, (4), 1355-1392 View citations (74)
    See also Working Paper The Really Long-Run Performance of Initial Public Offerings: The Pre-NASDAQ Evidence, NBER Working Papers (2001) View citations (3) (2001)
20. The Role of Lockups in Initial Public Offerings
    The Review of Financial Studies, 2003, 16, (1), 1-29 View citations (153)

2002

21. Corporations and the financing of innovation: The corporate venturing experience
    Economic Review, 2002, 87, (Q4), 1-17 View citations (38)
22. Who underreacts to cash-flow news? evidence from trading between individuals and institutions
    Journal of Financial Economics, 2002, 66, (2-3), 409-462 View citations (181)
    See also Working Paper Who Underreacts to Cash-Flow News? Evidence from Trading between Individuals and Institutions, NBER Working Papers (2002) View citations (179) (2002)

2001

23. Institutional Investors and Equity Prices
    The Quarterly Journal of Economics, 2001, 116, (1), 229-259 View citations (679)
    See also Working Paper Institutional Investors and Equity Prices, NBER Working Papers (1998) View citations (23) (1998)
24. The Venture Capital Revolution
    Journal of Economic Perspectives, 2001, 15, (2), 145-168 View citations (515)

2000

25. Is the abnormal return following equity issuances anomalous?
    Journal of Financial Economics, 2000, 56, (2), 209-249 View citations (207)
    See also Working Paper Is the Abnormal Return Following Equity Issuances Anomalous?, Rodney L. White Center for Financial Research Working Papers View citations (2)
26. Money chasing deals? The impact of fund inflows on private equity valuation
    Journal of Financial Economics, 2000, 55, (2), 281-325 View citations (282)

1999

27. An analysis of compensation in the U.S. venture capital partnership
    Journal of Financial Economics, 1999, 51, (1), 3-44 View citations (165)
28. Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital
    Journal of Law and Economics, 1999, 42, (1), 1-28 View citations (72)
    See also Working Paper Conflict of Interest in the Issuance of Public Securities: Evidence from Venture Capital, NBER Working Papers (1998) View citations (9) (1998)

1998

29. Venture capital growing pains: Should the market diet?
    Journal of Banking & Finance, 1998, 22, (6-8), 1089-1104 View citations (37)
30. What Drives Venture Capital Fundraising?
    Brookings Papers on Economic Activity, 1998, 29, (1998 Microeconomics), 149-204 View citations (187)
    See also Working Paper What Drives Venture Capital Fundraising?, NBER Working Papers (1999) View citations (96) (1999)

1997

31. Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies
    Journal of Finance, 1997, 52, (5), 1791-1821 View citations (415)

1996

32. Grandstanding in the venture capital industry
    Journal of Financial Economics, 1996, 42, (1), 133-156 View citations (411)
33. The Use of Covenants: An Empirical Analysis of Venture Partnership Agreements
    Journal of Law and Economics, 1996, 39, (2), 463-98 View citations (162)

1995

34. Optimal Investment, Monitoring, and the Staging of Venture Capital
    Journal of Finance, 1995, 50, (5), 1461-89 View citations (688)

Books

2022

1. Advanced Introduction to Private Equity
   Books, Edward Elgar Publishing

2006

2. The Venture Capital Cycle, 2nd Edition, vol 1
   MIT Press Books, The MIT Press View citations (67)

Chapters

2012

1. The Role of Venture Capitalists in the Acquisition of Private Companies
   Chapter 28 in Research Handbook on International Banking and Governance, 2012 View citations (2)

2010

2. Buy Local? The Geography of Venture Capital
   A chapter in Cities and Entrepreneurship, 2010 View citations (136)
   See also Journal Article Buy local? The geography of venture capital, Elsevier (2010) View citations (123) (2010)
3. Extreme Governance: An Analysis of Dual-Class Firms in the United States
   A chapter in Corporate Governance, 2010 View citations (156)
   See also Journal Article Extreme Governance: An Analysis of Dual-Class Firms in the United States, Society for Financial Studies (2010) View citations (160) (2010)

2007

4. Specialization and Success: Evidence from Venture Capital
   A chapter in Entrepreneurship: Strategy and Structure, 2007
   See also Journal Article Specialization and Success: Evidence from Venture Capital, Wiley Blackwell (2009) View citations (111) (2009)

2003

5. Short-Term America Revisited? Boom and Bust in the Venture Capital Industry and the Impact on Innovation
   A chapter in Innovation Policy and the Economy, Volume 3, 2003, pp 1-28 View citations (12)

2000

6. The Determinants of Corporate Venture Capital Success: Organizational Structure, Incentives, and Complementarities
   A chapter in Concentrated Corporate Ownership, 2000, pp 17-54 View citations (62)
   See also Working Paper The Determinants of Corporate Venture Capital Successes: Organizational Structure, Incentives, and Complementarities, National Bureau of Economic Research, Inc (1998) View citations (55) (1998)