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  • Venture_Capital_and_Financial_Reporting_in_Newly_Public_Firms

    Rights statement: This is a pre-copy-editing, author-produced PDF of a chapter accepted for publication in The Oxford Handbook of IPOs following peer review. The definitive publisher-authenticated version Hass, L., & Tarsalewska, M. (2019-01-31). Venture Capital and Financial Reporting in Newly Public Firms. In (Ed.), The Oxford Handbook of IPOs. : Oxford University Press,. Retrieved 24 Apr. 2019, from http://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780190614577.001.0001/oxfordhb-9780190614577-e-3. is available online at: http://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780190614577.001.0001/oxfordhb-9780190614577-e-3

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Venture capital and financial reporting in newly public firms

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Chapter (peer-reviewed) › peer-review

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Venture capital and financial reporting in newly public firms. / Hass, L.H.; Tarsalewska, M.
The Oxford Handbook of IPOs. ed. / Douglas Cumming. Oxford University Press, 2019. p. 412-429.

Research output: Contribution in Book/Report/Proceedings - With ISBN/ISSN › Chapter (peer-reviewed) › peer-review

Harvard

Hass, LH & Tarsalewska, M 2019, Venture capital and financial reporting in newly public firms. in D Cumming (ed.), The Oxford Handbook of IPOs. Oxford University Press, pp. 412-429. https://doi.org/10.1093/oxfordhb/9780190614577.013.3

APA

Hass, L. H., & Tarsalewska, M. (2019). Venture capital and financial reporting in newly public firms. In D. Cumming (Ed.), The Oxford Handbook of IPOs (pp. 412-429). Oxford University Press. https://doi.org/10.1093/oxfordhb/9780190614577.013.3

Vancouver

Hass LH, Tarsalewska M. Venture capital and financial reporting in newly public firms. In Cumming D, editor, The Oxford Handbook of IPOs. Oxford University Press. 2019. p. 412-429 Epub 2018 Dec 1. doi: 10.1093/oxfordhb/9780190614577.013.3

Author

Hass, L.H. ; Tarsalewska, M. / Venture capital and financial reporting in newly public firms. The Oxford Handbook of IPOs. editor / Douglas Cumming. Oxford University Press, 2019. pp. 412-429

Bibtex

@inbook{528124a59cf4471598d4aee5ce733591,
title = "Venture capital and financial reporting in newly public firms",
abstract = "Financial intermediaries such as venture capitalists (VCs) not only provide financing, they also play an active role in firm governance and in financial practices before a firm goes public. Venture capitalists are actively engaged in monitoring and advising their portfolio firms. Thus, one also expects them to exert significant influence over the development of financial reporting practices. This chapter reviews recent literature and empirical evidence on VCs and financial reporting quality in newly public firms. It surveys the role of VCs in such activities as earnings management. In particular, it discusses how their monitoring activities and reputation can impact how their portfolio firms establish financial reporting practices. Subsequently, it also reviews the consequences of misreporting, and whether they affect VC behavior ex ante. Finally, the chapter uses recent data to provide empirical evidence on the effect of VCs on accrual and real earnings management.",
keywords = "Earnings management, Financial reporting, Portfolio, Public firms, Venture capital",
author = "L.H. Hass and M. Tarsalewska",
note = "This is a pre-copy-editing, author-produced PDF of a chapter accepted for publication in The Oxford Handbook of IPOs following peer review. The definitive publisher-authenticated version Hass, L., & Tarsalewska, M. (2019-01-31). Venture Capital and Financial Reporting in Newly Public Firms. In (Ed.), The Oxford Handbook of IPOs. : Oxford University Press,. Retrieved 24 Apr. 2019, from http://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780190614577.001.0001/oxfordhb-9780190614577-e-3. is available online at: http://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780190614577.001.0001/oxfordhb-9780190614577-e-3",
year = "2019",
month = jan,
day = "1",
doi = "10.1093/oxfordhb/9780190614577.013.3",
language = "English",
pages = "412--429",
editor = "Cumming, {Douglas }",
booktitle = "The Oxford Handbook of IPOs",
publisher = "Oxford University Press",

}

RIS

TY - CHAP

T1 - Venture capital and financial reporting in newly public firms

AU - Hass, L.H.

AU - Tarsalewska, M.

N1 - This is a pre-copy-editing, author-produced PDF of a chapter accepted for publication in The Oxford Handbook of IPOs following peer review. The definitive publisher-authenticated version Hass, L., & Tarsalewska, M. (2019-01-31). Venture Capital and Financial Reporting in Newly Public Firms. In (Ed.), The Oxford Handbook of IPOs. : Oxford University Press,. Retrieved 24 Apr. 2019, from http://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780190614577.001.0001/oxfordhb-9780190614577-e-3. is available online at: http://www.oxfordhandbooks.com/view/10.1093/oxfordhb/9780190614577.001.0001/oxfordhb-9780190614577-e-3

PY - 2019/1/1

Y1 - 2019/1/1

N2 - Financial intermediaries such as venture capitalists (VCs) not only provide financing, they also play an active role in firm governance and in financial practices before a firm goes public. Venture capitalists are actively engaged in monitoring and advising their portfolio firms. Thus, one also expects them to exert significant influence over the development of financial reporting practices. This chapter reviews recent literature and empirical evidence on VCs and financial reporting quality in newly public firms. It surveys the role of VCs in such activities as earnings management. In particular, it discusses how their monitoring activities and reputation can impact how their portfolio firms establish financial reporting practices. Subsequently, it also reviews the consequences of misreporting, and whether they affect VC behavior ex ante. Finally, the chapter uses recent data to provide empirical evidence on the effect of VCs on accrual and real earnings management.

AB - Financial intermediaries such as venture capitalists (VCs) not only provide financing, they also play an active role in firm governance and in financial practices before a firm goes public. Venture capitalists are actively engaged in monitoring and advising their portfolio firms. Thus, one also expects them to exert significant influence over the development of financial reporting practices. This chapter reviews recent literature and empirical evidence on VCs and financial reporting quality in newly public firms. It surveys the role of VCs in such activities as earnings management. In particular, it discusses how their monitoring activities and reputation can impact how their portfolio firms establish financial reporting practices. Subsequently, it also reviews the consequences of misreporting, and whether they affect VC behavior ex ante. Finally, the chapter uses recent data to provide empirical evidence on the effect of VCs on accrual and real earnings management.

KW - Earnings management

KW - Financial reporting

KW - Portfolio

KW - Public firms

KW - Venture capital

U2 - 10.1093/oxfordhb/9780190614577.013.3

DO - 10.1093/oxfordhb/9780190614577.013.3

M3 - Chapter (peer-reviewed)

SP - 412

EP - 429

BT - The Oxford Handbook of IPOs

A2 - Cumming, Douglas

PB - Oxford University Press

ER -