Date of Award
Bachelor of Arts
This study analyzes the probability of successful exit by venture capital (VC)-backed en-trepreneurial firms that focus on “clean energy” initiatives. Such initiatives include generation from renewable sources as well as conservation. The empirical analysis, for ventures between 1990 and 2014, documents that clean energy investments have a higher probability of successful exit than do non-clean energy ventures. In addition, the results show that both solar and alternative energy VC-backed entrepreneurial firms allow their investors a shorter duration to exit.
Albanese, Kaita, "The Relation between Social Responsibility and Exit Performance of VC-Backed Entrepreneurial Firms" (2016). Business/Business Administration. 33.