Corporate venture capital

The role of governance factors

Sergey Anokhin, Simon Peck, Joakim Wincent

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

Research on corporate venture capital (CVC) has consistently proven its importance for innovation and other strategic goals, yet information on the antecedents of CVC activity is scarce. This study provides theoretical arguments for the role of governance factors including board, CEO, and institutional ownership characteristics. Empirical evidence from an international sample of global CVC investments shows that factors such as having a board with multiple board mandates and institutional ownership are important factors for CVC activity. The conclusion is that the role of governance factors is important, and that subsequent research should not ignore this group of factors.

Original languageEnglish
Pages (from-to)4744-4749
Number of pages6
JournalJournal of Business Research
Volume69
Issue number11
DOIs
Publication statusPublished - 1 Nov 2016
Externally publishedYes

Fingerprint

Factors
Corporate venture capital
Governance
Institutional ownership
Empirical evidence
Innovation
CEO ownership
Strategic goals
Mandate
Capital investment

Keywords

  • Corporate governance
  • Corporate venture capital
  • CVC investments

ASJC Scopus subject areas

  • Marketing

Cite this

Corporate venture capital : The role of governance factors. / Anokhin, Sergey; Peck, Simon; Wincent, Joakim.

In: Journal of Business Research, Vol. 69, No. 11, 01.11.2016, p. 4744-4749.

Research output: Contribution to journalArticle

Anokhin, Sergey ; Peck, Simon ; Wincent, Joakim. / Corporate venture capital : The role of governance factors. In: Journal of Business Research. 2016 ; Vol. 69, No. 11. pp. 4744-4749.
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