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Cited by 600

The DOI matches its Crossref record; 37 of the 37 references it cites were found in a registry or an index.

Financing and Advising: Optimal Financial Contracts with Venture Capitalists

Open access
Casamatta, Catherine·2003·The Journal of Finance
DOI 10.1111/1540-6261.00597
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Abstract

This paper analyses the joint provision of effort by an entrepreneur and by an advisor to improve the productivity of an investment project. Without moral hazard, it is optimal that both exert effort. With moral hazard, if the entrepreneur's effort is more efficient (less costly) than the advisor's effort, the latter is not hired if she does not provide funds. Outside financing arises endogenously. This explains why investors like venture capitalists are value enhancing. The level of outside financing determines whether common stocks or convertible bonds should be issued in response to incentives.

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Registry

Crossref · 10.1111/1540-6261.00597

Cites

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Metadata

Authors
Casamatta, C.
Venue
The Journal of Finance
Publisher
Wiley
Published
2003-09-11
Volume
58
Issue
5
Pages
2059-2085
ISSN
  • 0022-1082 (ISSN-L)
  • 1540-6261
DOI
10.1111/1540-6261.00597
OpenAlex
W2098665914
Cited by
600
References
37
FWCI
108.17
Type
journal article
Language
en
Open access
bronze

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CoChat. (2026). Citation check: Financing and Advising: Optimal Financial Contracts with Venture Capitalists. https://app.cochat.ai/papers/10.1111/1540-6261.00597
The paper
Casamatta, C. (2003). Financing and Advising: Optimal Financial Contracts with Venture Capitalists. The Journal of Finance. https://doi.org/10.1111/1540-6261.00597

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.