Abstract
Prior research established that cognitive conflicts between venture capitalists (VCs) and CEOs of financed companies are positively related to venture success whereas affective conflicts between the parties often exert an adverse effect on performance. Based on a survey of over 100 CEOs of VC-backed ventures, we unveil a positive relationship between insufficient VC support and cognitive conflicts, on the one hand, and between cognitive and affective conflicts, on the other hand. We also establish that affective conflicts may influence both CEOs' intention to use different financial intermediaries in the future and CEOs' intention to improve cooperation with VCs.
| Original language | English |
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| DOIs | |
| Publication status | Published - 2009 |
| Externally published | Yes |
| Event | Annual Meeting of the Academy of Management 2009 - Chicago, United States of America Duration: 7 Aug 2009 → 11 Aug 2009 Conference number: 69th |
Conference
| Conference | Annual Meeting of the Academy of Management 2009 |
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| Abbreviated title | AoM 2009 |
| Country/Territory | United States of America |
| City | Chicago |
| Period | 7/08/09 → 11/08/09 |
Keywords
- Conflict
- Financing
- Venture capital