Business angel contracts: the influence of context
Peter Kelly and
Michael Hay
Venture Capital, 2003, vol. 5, issue 4, 287-312
Abstract:
Relying on agency theory for guidance, a model is developed and empirically tested to examine the influence that various attributes of the contracting parties and of the deal itself can have on the form of the contract adopted between business angels and entrepreneurs. Findings are based on survey responses obtained from 106 UK-based business angels that had completed at least one investment to date.
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:taf:veecee:v:5:y:2003:i:4:p:287-312
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DOI: 10.1080/1369106032000141940
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