Date of Award
Open Access Honors Thesis
Bachelor of Science in Management
Accounting and Finance
Portfolio and Security Analysis
There is substantial evidence that Corporate Venture Capitalists (CVCs) backing provides value to companies. This study aims to find what the benefits provided by CVCs are to public companies after they have gone through their initial public offerings (IPOs) and have begun trading on the stock market. Matched by CVC backing, Tobin q, leverage ratio, research and development (R&D) ratio, size of market capitalization, and the sector in which the firm operates, over a given period of time, this study explores whether or not CVCs add value to companies. Additionally, this study analyzes the success companies backed by CVCs. The findings were that (a) firms backed by at least one CVC had a high chance of succeeding over firms that were not backed by CVCs and (b) CVC backing destroys value in a firm.
Creative Commons License
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Bajaj, Devansh, "Effect of Corporate Venture Capitalism on the Post-IPO Performance of Companies" (2012). Honors Thesis Program in the College of Management. 7.