The Role of Gender in Entrepreneur-Investor Relationships: A Signaling Theory Approach
从性别视角分析风险资本投资中的性别偏差,通过信号理论考察四个投资案例的决策文件,发现性别影响创业者与投资者在融资前的关系信号传递。
This study adopts a gender perspective to analyze funding decisions made by an investment fund that invests equity stakes in new ventures. Prior research has indicated that there is gender skewness in risk capital investments resulting from a combination of demand- and supply-side issues. We apply signaling theory to examine the interface between demand and supply to understand gender biases related to risk capital investments. In-depth analyses of decision documents from four investment cases show that gender plays a role in the signals that are communicated in the prefunding entrepreneur–investor relationship.