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Faculty Lecture: Is Venture Capital Socially Responsible? Thursday, February 14th

by Library News on 2019-02-11T09:43:19-08:00 | Comments

Is Venture Capital Socially Responsible? The Effect of Venture Capital Funding on Companies

Sinan Goktan, Ph.D.
Associate Professor of Finance

When: Thursday, February 14, 2019, 12:15pm – 1:15pm
Where: Library Biella Room
Refreshments will be served

How are corporate social responsibility initiatives guided by prior relationships with venture capital firms?

Venture capital-backed companies have poorer corporate social responsibility records.

Their average corporate social responsibility records improve in time but this improvement is significantly less for venture capital-backed (versus non-venture capital-backed) companies.

However, when venture capital-backed companies receive funding from younger firms that specialize in socially responsible investing or from university-based venture capital funds, their corporate social responsibility records improve.


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