The Impact of Venture Capital Background on CEO Replacement in Portfolio Companies: Empirical Evidence from China
Taking Chinese startups backed by venture capital (VC) in 1997–2017 as the sample, this study investigates the impact of VC background on chief executive officer (CEO) replacement in portfolio companies. The results show that (1) compared to foreign VC, domestic VC is more likely to replace the CEO...
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Main Authors: | Haixia Hao, Lihong Guo |
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Format: | Article |
Language: | English |
Published: |
Wiley
2021-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2021/4025499 |
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