Alternative investments in emerging markets: A review and new trends
Tài liệu tham khảo
Abdallah, 2016, Investor protection, institutional characteristics and investment: the case of the MENA region
Abdullahi, 2016, Integration of financial markets, financial development and growth: is Africa different?, J. Int. Financ. Mark. Inst. Money, 42, 43, 10.1016/j.intfin.2016.01.003
Abugri, 2009, Emerging market hedge funds: do they perform like regular hedge funds?, J. Int. Financ. Mark. Inst. Money, 19, 834, 10.1016/j.intfin.2009.07.002
Ahlstrom, 2006, Venture capital in emerging economies: networks and institutional change, Enterp. Theory Pract., 30, 299, 10.1111/j.1540-6520.2006.00122.x
Allen, 2013, Understanding informal financing, 10.29310/wp.2013.09
Anderson, 2011
Anderson, 2013, Modeling global wine markets to 2018: exchange rates, taste changes, and China's import growth, J. Wine Econ., 8, 131, 10.1017/jwe.2013.31
Anderson, 2015, Asia's evolving role in global wine markets, China Econ. Rev., 35, 1, 10.1016/j.chieco.2015.05.003
Armour, 2006, The legislative road to Silicon Valley, Oxf. Econ. Pap., 58, 596, 10.1093/oep/gpl007
Ayyagari, 2010, Formal versus informal finance: evidence from China, Rev. Financ. Stud., 23, 3048, 10.1093/rfs/hhq030
Bao, 2016, Do political connections matter in accessing capital markets? Evidence from China, Emerg. Mark. Rev., 29, 24, 10.1016/j.ememar.2016.08.009
Bertoni, 2014, Cross-border investments and venture capital exits in Europe, Corp. Gov., 22, 84, 10.1111/corg.12056
Blazy, 2016, When secured and unsecured creditors recover the same: the emblematic case of the Tunisian corporate bankruptcies, Emerg. Mark. Rev., 10.1016/j.ememar.2016.08.021
Bruton, 2003, An institutional view of China's venture capital industry: explaining the differences between China and the West, J. Bus. Ventur., 18, 233, 10.1016/S0883-9026(02)00079-4
Bruton, 2004, Understanding venture capital in East Asia: the impact of institutions on the industry today and tomorrow, J. World Bus., 39, 72, 10.1016/j.jwb.2003.08.002
Bruton, 2005, Institutional influences on the worldwide expansion of venture capital, Entrep. Theory Pract., 29, 737, 10.1111/j.1540-6520.2005.00106.x
Buchner, 2016, Dealing with non-normality when estimating abnormal returns and systematic risk of private equity: a closed-form solution, J. Int. Financ. Mark. Inst. Money, 10.1016/j.intfin.2016.06.001
Buchner, 2016, Risk-adjusting the returns of private equity using the CAPM and multi-factor extensions, Financ. Res. Lett., 16, 154, 10.1016/j.frl.2015.10.023
Cao, 2015, Cross-border LBOs, J. Bank. & Fin., 50, 69, 10.1016/j.jbankfin.2014.08.027
Chen, 2014, Family control, regulatory environment, and the growth of entrepreneurial firms: international evidence, Corp. Gov., 22, 132, 10.1111/corg.12060
Cheng, 2016, Venture capital investors and foreign listing choices of Chinese companies, Emerg. Mark. Rev., 29, 42, 10.1016/j.ememar.2016.08.007
Chorruk, 2010, New evidence on the pricing and performance of initial public offerings in Thailand, 1997–2008, Emerg. Mark. Rev., 11, 285, 10.1016/j.ememar.2010.04.001
Cole, 2016, Do banks or VCs spur small firm growth?, J. Int. Financ. Mark. Inst. Money, 41, 60, 10.1016/j.intfin.2015.12.005
Cosh, 2009, Outside entrepreneurial capital, Econ. J., 119, 1494, 10.1111/j.1468-0297.2009.02270.x
Cressy, 2014, Stairway to heaven or gateway to hell? A competing risks analysis of delistings from Hong Kong's growth Enterprise market, Int. Rev. Financ. Anal., 36, 195, 10.1016/j.irfa.2014.02.008
Cumming, 2008, Contracts and exits in venture capital finance, Rev. Financ. Stud., 21, 1947, 10.1093/rfs/hhn072
Cumming, 2011, Misinforming the public about public policy towards venture capital, Ventur. Cap., 13, 99, 10.1080/13691066.2010.543541
Cumming, 2011, Review essay: public policy and the creation of active venture capital markets, Ventur. Cap., 13, 75, 10.1080/13691066.2010.492989
Cumming, 2014, Public economics gone wild: lessons from venture capital, Int. Rev. Financ. Anal., 36, 251, 10.1016/j.irfa.2013.10.005
Cumming, 2013, Debt investments in private firms: legal institutions and investment performance in 25 countries, J. Fixed Income, 102, 10.3905/jfi.2013.23.1.102
Cumming, 2015, Corporate defaults, workouts and the rise of the distressed asset investment industry, Bus. Hist. Rev., 89, 305, 10.1017/S000768051500029X
Cumming, 2016, Taking China private: the Carlyle group, leveraged buyouts and financial capitalism in greater China, Bus. Hist., 58, 345, 10.1080/00076791.2015.1122703
Cumming, 2013
Cumming, 2016, Crowdfunding and entrepreneurial internationalization
Cumming, 2012, Disclosure, venture capital, and entrepreneurial spawning, J. Int. Bus. Stud., 43, 563, 10.1057/jibs.2012.9
Cumming, 2013, Public policy, entrepreneurship, and venture capital in the United States, J. Corp. Financ., 23, 345, 10.1016/j.jcorpfin.2013.09.005
Cumming, 2003, A cross-country comparison of full and partial venture capital exits, J. Bank. Financ., 27, 511, 10.1016/S0378-4266(02)00389-8
Cumming, 2006, Crowding out private equity: Canadian evidence, J. Bus. Ventur., 21, 569, 10.1016/j.jbusvent.2005.06.002
Cumming, 2007, Mutual funds that invest in private equity? An analysis of labour sponsored investment funds, Camb. J. Econ., 31, 445, 10.1093/cje/bel041
Cumming, 2004, Private equity returns and disclosure around the world
Cumming, 2010, Private equity returns and disclosure around the world, J. Int. Bus. Stud., 41, 727, 10.1057/jibs.2009.62
Cumming, 2016, Political instability, access to private debt, and innovation investment in China, Emerg. Mark. Rev., 29, 68, 10.1016/j.ememar.2016.08.013
Cumming
Cumming, 2004, Legality and venture capital governance around the world
Cumming, 2006, Legality and venture capital exits, J. Corp. Financ., 12, 214, 10.1016/j.jcorpfin.2004.12.004
Cumming, 2009, Corporate relocation in venture capital finance, Enterp. Theory Pract., 33, 1121, 10.1111/j.1540-6520.2009.00337.x
Cumming, 2010, Legality and venture capital governance around the world, J. Bus. Ventur., 25, 54, 10.1016/j.jbusvent.2008.07.001
Cumming, 2013
Cumming, 2015, Cleantech crowdfunding
Cumming
Cumming, 2016, ‘Cleantech’ venture capital around the world, Int. Rev. Financ. Anal., 44, 86, 10.1016/j.irfa.2016.01.015
Cumming, 2016, Do international investors enhance private firm value? Evidence from venture capital, J. Int. Bus. Stud., 47, 347, 10.1057/jibs.2015.46
Da Gbadji, 2015, International analysis of venture capital programs of large companies and financial institutions, Entrep. Theory Pract., 39, 1213, 10.1111/etap.12105
Dai, 2012, Cross-border venture capital investments in Asia: selection and performance, J. Bus. Ventur., 27, 666, 10.1016/j.jbusvent.2011.04.004
DeGennaro, 2014, Expected returns to stock investments by angel investors in groups, Eur. Financ. Manag., 20, 739, 10.1111/eufm.12002
Dehner, 2014, Equity based crowdfunding outside the USA, Univ. Cinci. Law Rev., 83, 413
Deng, 2016, Overreaction in ChiNext IPOs' initial returns: how much and what cause it?, Emerg. Mark. Rev., 29, 82, 10.1016/j.ememar.2016.08.012
Ding, 2014, Angel investors' selection criteria: a comparative institutional perspective, Asia Pac. J. Manag., 31, 705, 10.1007/s10490-014-9374-z
Dong, 2014, Ownership structure and risk-taking: comparative evidence from private and state-controlled banks in China, Int. Rev. Financ. Anal., 36, 120, 10.1016/j.irfa.2014.03.009
Elinga, 2010, The performance of hedge funds and mutual funds in emerging markets, J. Bank. Financ., 34, 1993, 10.1016/j.jbankfin.2010.01.008
Fonseka, 2014, Effects of regulator's announcements, information asymmetry and ownership changes on private equity placements: evidence from China, J. Int. Financ. Mark. Inst. Money, 29, 126, 10.1016/j.intfin.2013.11.008
Fung, 2000, Do hedge funds disrupt emerging markets?, 377
Geertsema, 2016, A game-theoretic model of underpricing and over-subscription in Chinese IPO's, Financ. Res. Lett., 17, 93, 10.1016/j.frl.2016.02.001
Gilson, 2003, Venture capital structure: a tax explanation for convertible preferred stock, Harv. Law Rev., 116, 875, 10.2307/1342584
Groh, 2009, How attractive is central Eastern Europe for risk capital investors?, J. Int. Money Financ., 28, 625, 10.1016/j.jimonfin.2009.01.006
Groh, 2011, The first step of the capital flow from institutions to entrepreneurs: the criteria for sorting venture capital funds, Eur. Financ. Manag., 17, 532, 10.1111/j.1468-036X.2010.00583.x
Groh, 2016, Determinants of venture capital investments in emerging markets, Emerg. Mark. Rev., 29, 104, 10.1016/j.ememar.2016.08.020
Groh, 2012, Emerging economies' attraction of foreign direct investment, Emerg. Mark. Rev., 13, 210, 10.1016/j.ememar.2012.03.005
Groh, 2010, The European venture capital and private equity country attractiveness indices, J. Corp. Financ., 16, 205, 10.1016/j.jcorpfin.2009.09.003
Güçbilmez, 2014, Why do some Chinese technology firms avoid ChiNext and go public in the US?, Int. Rev. Financ. Anal., 36, 179, 10.1016/j.irfa.2014.02.010
Guler, 2010, Institutions and the internationalization of US venture capital firms, J. Int. Bus. Stud., 41, 185, 10.1057/jibs.2009.35
Hu, 2014, The people's funding of China: legal developments of equity crowdfunding progress, proposals and prospects, Univ. Cinci. Law Rev., 83, 445
Imad'Eddine, 2013, International capital flow into the European private equity market, Eur. Financ. Manag., 19, 366, 10.1111/j.1468-036X.2012.00604.x
Iriyama, 2010, Spiky globalization of venture capital investments: the influence of prior human networks, Strateg. Entrep. J., 4, 128, 10.1002/sej.87
Jeng, 2000, The determinants of venture capital funding: evidence across counties, J. Corp. Financ., 6, 241, 10.1016/S0929-1199(00)00003-1
Johan, 2014, Does the quality of lender–borrower relationships affect small business access to debt? Evidence from Canada and implications in China, Int. Rev. Financ. Anal., 36, 206, 10.1016/j.irfa.2014.01.006
Johan, 2016, Private equity exits in emerging markets, Emerg. Mark. Rev., 29, 133, 10.1016/j.ememar.2016.08.016
Joy, 2004, Framing considerations in the PRC: creating value in the contemporary Chinese art market, Consum. Mark. Cult., 7, 307, 10.1080/1025386042000316306
Kaplan, 2007, How do legal differences and experience affect financial contracts?, J. Financ. Intermed., 16, 273, 10.1016/j.jfi.2007.03.005
Khaire, 2010, Changing landscapes: the construction of meaning and value in a new market category—modern Indian art, Acad. Manag. J., 53, 1281, 10.5465/AMJ.2010.57317861
Kotkatvuori-Örnberg, 2011, Geographical focus in emerging markets and hedge fund performance, Emerg. Mark. Rev., 12, 309, 10.1016/j.ememar.2011.05.001
Kraeussl, 2010, Emerging art markets, Emerg. Mark. Rev., 11, 301, 10.1016/j.ememar.2010.07.002
Lean, 2012, Calendar anomalies and risk in the wine exchange market, Asian Acad. Manag. J. Account. Financ., 8, 25
Leleux, 2003, Public versus private venture capital: seeding or crowding out? A pan-European analysis, J. Bus. Ventur., 18, 81, 10.1016/S0883-9026(01)00078-7
Lerner, 2009
Lerner, 2004, Does legal enforcement affect financial transactions? The contractual channel in private equity
Lerner, 2005, Does legal enforcement affect financial transactions? The contractual channel in private equity, Q. J. Econ., 120, 223
Lerner, 2015, The globalization of angel investments: evidence across countries, 16
Li, 2014, An exploratory study of business angels in China: a research note, Ventur. Cap., 16, 69, 10.1080/13691066.2013.833370
Li, 2014, National distances, international experience, and venture capital investment performance, J. Bus. Ventur., 29, 471, 10.1016/j.jbusvent.2013.08.002
Li, 2016, Policies of promoting entrepreneurship and angel investment: evidence from China, Emerg. Mark. Rev., 29, 154, 10.1016/j.ememar.2016.08.011
Li, 2016, Heterogeneous venture capital, M&A activity, and market response, Emerg. Mark. Rev., 29, 168, 10.1016/j.ememar.2016.08.008
Liao, 2014, Venture capital, corporate governance, and financial stability of IPO firms, Emerg. Mark. Rev., 18, 19, 10.1016/j.ememar.2013.11.002
Liao, 2015, The role of internal and external social Capital in Crowdfunding: evidence from China, Rev. Res. Soc. Interv., 49, 187
Liu, 2007, Business angel investment in the China market, Singap. Manag. Rev., 29, 89
Liu, 2015, Optimal investment of private equity, Financ. Res. Lett., 14, 76, 10.1016/j.frl.2015.05.013
Liu, 2014, The Chinese wine market: a market segmentation study, Asia Pac. J. Mark. Logist., 26, 450, 10.1108/APJML-07-2013-0089
Madhavan, 2009, Understanding global flows of venture capital: human networks as the “carrier wave” of globalization, J. Int. Bus. Stud., 40, 1241, 10.1057/jibs.2009.6
Majumdar
Makela, 2006, Interorganizational commitment in syndicated cross-border venture capital investments, Enterp. Theory Pract., 30, 273, 10.1111/j.1540-6520.2006.00121.x
Marakkath, 2015, Can microfinance crowdfunding reduce financial exclusion? Regulatory issues, Int. J. Bank Mark., 33, 624, 10.1108/IJBM-06-2014-0080
Masset, 2016, Red obsession: the ascent of fine wine in China, Emerg. Mark. Rev., 29, 200, 10.1016/j.ememar.2016.08.014
McCahery, 2016, Venture capital 2.0: from venturing to partnering, Ann. Corp. Gov., 1, 95, 10.1561/109.00000007
Megginson, 2004, Toward a global model of venture capital?, J. Appl. Corp. Financ., 16, 89, 10.1111/j.1745-6622.2004.tb00599.x
Nahata, 2008, Venture capital reputation and investment performance, J. Financ. Econ., 90, 127, 10.1016/j.jfineco.2007.11.008
Nahata, 2014, Success in global venture capital investing: do institutional and cultural differences matter?, J. Financ. Quant. Anal., 49, 1039, 10.1017/S0022109014000568
Otchere, 2016, Venture capitalist participation and the performance of Chinese IPOs, Emerg. Mark. Rev., 29, 226, 10.1016/j.ememar.2016.08.010
Pablo, 2016, The effect of ownership concentration and composition on dividends: evidence from Latin America, Emerg. Mark. Rev.
Park, 2015, Emerging market hedge funds in the United States, Emerg. Mark. Rev., 22, 25, 10.1016/j.ememar.2014.11.004
Park, 2016, The effect of listing switches from a growth market to a main board: an alternative perspective, Emerg. Mark. Rev., 29, 246, 10.1016/j.ememar.2016.08.006
Peltomäki, 2008, Emerging market hedge funds and the yen carry trade, Emerg. Mark. Rev., 9, 220, 10.1016/j.ememar.2008.05.001
Petrakis, 2009, Informal financing of small–medium enterprise sector: the case of Greece, J. Serv. Sci. Manag., 2009, 378
Qiou, 2013, Wine tourism phenomena in China: an emerging market, Int. J. Contemp. Hosp. Manag., 25, 1115, 10.1108/IJCHM-06-2012-0087
Reeb, 2012, Endogeneity in international business research, J. Int. Bus. Stud., 43, 211, 10.1057/jibs.2011.60
Robb, 2014, The capital structure decisions of new firms, Rev. Financ. Stud., 27, 153, 10.1093/rfs/hhs072
Sabarinathan, 2014, Understanding angel investing in India — an exploratory study based on publicly available data
Scheela, 2009, Business angel investing in an emerging Asian economy, J. Priv. Equity, 12, 44, 10.3905/JPE.2009.12.4.044
Scheela, 2012, Do institutions matter for business angel investing in emerging Asian markets?, Vent. Cap., 14, 289, 10.1080/13691066.2012.672020
Shi, 2016, An empirical study of crowdfunding campaigns: evidence from jing dong crowdfunding Platform, 1
Teo, 2009, The geography of hedge funds, Rev. Financ. Stud., 22, 3531, 10.1093/rfs/hhp007
Tykvová, 2014, Geographical and institutional distances in venture capital deals: how syndication and experience drive internationalization patterns
Wang, 2012, Economic freedom and cross-border venture capital performance, J. Empir. Financ., 19, 26, 10.1016/j.jempfin.2011.10.002
Wright, 2004, Venture capital investors, capital markets, valuation and information: US, Europe and Asia, J. Int. Entrep., 2, 305, 10.1007/s10843-004-0131-0
Wright, 2005, International venture capital research: from cross-country comparisons to crossing borders, Int. J. Manag. Rev., 7, 135, 10.1111/j.1468-2370.2005.00113.x
Xu, 2016, Configurational paths to sponsor satisfaction in crowdfunding, J. Bus. Res., 69, 915, 10.1016/j.jbusres.2015.06.040
Yang, 2016, Pay-performance sensitivity and risk-taking: evidence from closed-end funds, Emerg. Mark. Rev., 29, 274, 10.1016/j.ememar.2016.08.015
Ye, 2014, Intentions to participate in wine tourism in an emerging market: theorization and implications, J. Hosp. Tour. Res., 10.1177/1096348014525637
Zahra, 2014, Public and corporate governance and young global entrepreneurial firms, Corp. Gov., 22, 77, 10.1111/corg.12059
Zattoni, 2012
Zheng, 2014, The role of multidimensional social capital in crowdfunding: a comparative study in China and US, Inf. Manag., 51, 488, 10.1016/j.im.2014.03.003
Zheng, 2016, The role of trust management in reward-based crowdfunding, Online Inf. Rev., 40, 97, 10.1108/OIR-04-2015-0099
Zhou, 2010, Chinese IPO activity, pricing, and market cycles, Rev. Quant. Finan. Acc., 34, 483, 10.1007/s11156-009-0147-6