Publication Type |
honors thesis |
School or College |
David Eccles School of Business |
Department |
Finance |
Faculty Mentor |
Elizabeth Tashjian |
Creator |
Kehr, David |
Title |
Abnormal Stock Returns and Venture Capital Funding Event Study of Six Down Round Venture Capital Funding Announcement Dates |
Date |
2018 |
Description |
This paper analyzes the reaction of stock prices to the announcement of a round of financing raised by a venture capital-backed firm at a valuation lower than in a previous round. The event study is performed to analyze short-term stock price reactions prior to and following the announcement of a down round. This study finds the standardized cumulative average abnormal returns Wi for the companies sampled statistically insignificant at a confidence level of 95%. |
Type |
Text |
Publisher |
University of Utah |
Language |
eng |
Rights Management |
(c) David Kahr |
Format Medium |
application/pdf |
Permissions Reference URL |
https://collections.lib.utah.edu/ark:/87278/s6810f89 |
ARK |
ark:/87278/s6g78srp |
Setname |
ir_htoa |
ID |
1556998 |
Reference URL |
https://collections.lib.utah.edu/ark:/87278/s6g78srp |