Skip to main content

Learning from the Competition

Money

ICMA Centre Visiting Fellow Dr Keith Arundale was featured in the November 2018 issue of the ICAEW’s Corporate Financier magazine. The article “Learning from the Competition” was based on Keith’s PhD research into the difference in investment practices of European and US venture capital firms and in their structural characteristics and the wider environment in which the firms operate, including cultural differences and attitudes to risk. Keith’s thesis is that these differences contribute to the lower historic performance of European VC funds compared to US VC funds.

The article includes comparative data on the European and US VC markets and summarises the differences in investment practices between European and US VC firms. Keith comments: “Things are definitely improving in Europe but there’s a lot more that the European VC sector could learn from the US in order to raise the overall performance”. The article lists Keith’s suggested best practices from US VC firms that European VC funds could consider adopting.

The “Learning from the Competition” article is available from the ICAEW’s Corporate Finance Faculty at www.icaew.com

Dr Keith Arundale is a Visiting Fellow at the ICMA Centre with responsibility for the modules on Private Equity and Venture Capital for both undergraduate and postgraduate students. He is a member of the Examination Panel for the ICAEW/CISI Diploma in Corporate Finance.

Dr Keith Arundale

Senior Visiting Fellow
Published 19 November 2018
Topics:
Research news

You might also like

Professor Chris Brooks appointed Vice President of BAFA

15 May 2017
Professor Chris Brooks has been appointed Vice President of the British Accounting and Finance Association (BAFA) from 1 May 2017.

Another Prize for Star Finance Student

25 June 2007

ICMA Centre Staff awarded Research Grant

6 July 2006
The Arts and Humanities Research Council (AHRC) has awarded a Research Grant worth just under £500,000 to Dr Adrian Bell of the ICMA Centre and Professor Anne Curry of the University of Southampton to challenge assumptions about the emergence of professional soldiery between 1369 and 1453.