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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Bibliographic Details
Main Authors: Haixia Hao, Lihong Guo
Format: Article
Language:English
Published: Wiley 2021-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2021/4025499
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