Sophie Manigart

Vlerick Business School

Reep 1

Ghent, BE-9000

Belgium

Ghent University

Sint-Pietersplein 7

Gent, 9000

Belgium

SCHOLARLY PAPERS

43

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Scholarly Papers (43)

1.

Why Do European Venture Capital Companies Syndicate?

ERIM Report Series Reference No. ERS-2002-98-ORG
Number of pages: 37 Posted: 18 Jan 2003
Vlerick Business School, Nottingham University Business School, Nottingham University Business School (NUBS), Vlerick Business School, Lund University - Lund Institute of Economic Research, Erasmus University Rotterdam (EUR) - Department of Strategic Management and Entrepreneurship, Université de Bourgogne and WHU - Otto Beisheim School of Management - Chair of International Corporate Finance
Downloads 987 (22,038)
Citation 1

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resource-based theory, financial diversification theory, motivation, syndication, venture capital strategies

2.

Firm Size Effects on Venture Capital Syndication: The Role of Resources and Transaction Costs

ERIM Report Series Reference No. ERS-2005-077-STR
Number of pages: 33 Posted: 06 Jan 2006
Erasmus University Rotterdam (EUR) - Department of Strategic Management and Entrepreneurship, Nottingham University Business School, Erasmus University Rotterdam (EUR) - Department of Strategic Management and Entrepreneurship, Nottingham University Business School (NUBS) and Vlerick Business School
Downloads 434 (65,984)
Citation 1

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Firm Size, Resource-Based View, Syndication Networks, Transaction Cost Theory, Venture Capital

3.

Venture Capitalists in Asia: A Comparison with the U.S. And Europe

Vlerick Leuven Gent Working Paper No. 2002/15
Number of pages: 40 Posted: 27 Nov 2002
Vlerick Business School, Oklahoma State University - Stillwater - Department of Management, Texas Christian University - M.J. Neeley School of Business and University of Minnesota - Twin Cities - Carlson School of Management
Downloads 337 (88,734)

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4.

International Private Equity Flows

COMPANION TO PRIVATE EQUITY, Douglas J. Cumming, ed., Chapter 16, Wiley, Forthcoming
Number of pages: 36 Posted: 02 Jul 2009
Sophie Manigart, Sofie De Prijcker and Bivas Bose
Vlerick Business School, Ghent University-Universiteit Gent and affiliation not provided to SSRN
Downloads 200 (151,759)

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international private equity, internationalization, buyout, syndication

Firm Valuation in Venture Capital Financing Rounds: The Role of Investor Bargaining Power

Journal of Business Finance & Accounting, 39 (3-4), 500-530 (2012)
Number of pages: 35 Posted: 23 Dec 2010 Last Revised: 22 Feb 2016
Andy Heughebaert and Sophie Manigart
Ghent University-Universiteit Gent - Faculty of Economics and Business Administration and Vlerick Business School
Downloads 183 (164,747)
Citation 2

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bargaining power, valuation, venture capital

Firm Valuation in Venture Capital Financing Rounds: The Role of Investor Bargaining Power

Journal of Business Finance & Accounting, Vol. 39, Issue 3‐4, pp. 500-530, 2012
Number of pages: 31 Posted: 21 Apr 2012
Andy Heughebaert and Sophie Manigart
Ghent University-Universiteit Gent - Faculty of Economics and Business Administration and Vlerick Business School
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bargaining power, valuation, venture capital

6.

Follow-On Financing of Venture Capital Backed Companies

HANDBOOK OF ENTREPRENEURIAL FINANCE, Douglas J. Cumming, ed., Oxford University Press, 2011
Number of pages: 39 Posted: 09 Jan 2011 Last Revised: 17 Mar 2016
Tom R. Vanacker, Arnout Seghers and Sophie Manigart
Ghent University, Ghent University-Universiteit Gent - Faculty of Economics and Business Administration and Vlerick Business School
Downloads 149 (196,594)
Citation 1

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Financing Policy, Entrepreneurial Firm, High Growth Orientation, Venture Capital, Bank Debt, Operational Debt, Internal Funds

7.

The Influence of International Human Capital and International Network Relationships on Private Equity Firms’ Cross-Border Investment Behaviour

Number of pages: 45 Posted: 02 Jul 2009
Ghent University-Universiteit Gent, Vlerick Business School, Nottingham University Business School and Vlerick Business School
Downloads 119 (234,597)
Citation 2

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international private equity, internationalization, networks, human capital

8.

A Dynamic View on the Financing of Extreme Growth Companies

Babson College Entrepreneurship Research Conference (BCERC) 2006, Frontiers of Entrepreneurship Research 2006
Number of pages: 14 Posted: 11 Feb 2009 Last Revised: 16 Dec 2009
Tom R. Vanacker and Sophie Manigart
Ghent University and Vlerick Business School
Downloads 108 (251,512)

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Entrepreneurship

9.

The Role of Domestic and Cross-Border Venture Capital Investors in the Growth of Portifolio Companies

Small Business Economics, 40 (3), 553-573 (2013)
Number of pages: 2 Posted: 07 Jan 2011 Last Revised: 22 Feb 2016
Ghent UniversityVlerick Leuven Ghent Management School, Ghent University, Vlerick Business School and Ghent University-Universiteit Gent
Downloads 104 (258,151)
Citation 2

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venture capital, domestic, cross-border, international, portfolio company growth, technology

10.

Venture Capital

Alternative investments: instruments, performance, benchmarks, and strategies. Baker K., Filbeck G. (eds). J. WIley & Sons, 2013. Chapter 11, p. 241-262. ISBN 9781118241127.
Number of pages: 37 Posted: 19 Mar 2016
Tom R. Vanacker and Sophie Manigart
Ghent University and Vlerick Business School
Downloads 100 (265,172)

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Venture capital, information asymmetry, business model, value chain, portfolio company performance, venture capital fund returns

11.

Seed and Venture Capital

Concise Guide to Entrepreneurship, Technology and Innovation. Audretsch DB, Hayter CS, Link AN. Edward Elgar Publishing, 2015, 175-179.
Number of pages: 3 Posted: 19 Mar 2016
Sophie Manigart, Thomas Standaert and Tom R. Vanacker
Vlerick Business School, Ghent University - Univ Lille 2 and Ghent University
Downloads 81 (303,008)

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entrepreneurship, technology, innovation

12.

Bank Networks and Buyout Financing

Number of pages: 78 Posted: 05 Jun 2017 Last Revised: 30 Aug 2018
EMLYON Business School, University of Oxford - Said Business School, Vlerick Business School and Vlerick Business School
Downloads 78 (309,758)

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Networks; Leveraged Buyout; Network Centrality; Bank; Private Equity; Loan Syndication

13.

Escalation of Commitment in Venture Capital Decision Making: Differentiating between Domestic and International Investors

Journal of Business Venturing, Vol. 31, 2016
Number of pages: 19 Posted: 19 Mar 2016
David Devigne, Sophie Manigart and Mike Wright
Ghent UniversityVlerick Leuven Ghent Management School, Vlerick Business School and Imperial College London
Downloads 70 (329,463)

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cross-border investments, termination, venture capital, escalating commitment, divestment

14.

Financing and Investment Interdependencies in Unquoted Belgian Compagnies: The Role of Venture Capital

National Bank of Belgium Working Paper No. 29
Number of pages: 42 Posted: 16 Oct 2010
Sophie Manigart, Katleen Baeyens and Ilse Verschueren
Vlerick Business School, Ghent University-Universiteit Gent - Department of Accountancy and Corporate Finance and Vrije Universiteit Brussel (VUB)
Downloads 67 (337,257)
Citation 58

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15.

A Dynamic View on External Financing Choices of Growth Oriented Ventures

Number of pages: 41 Posted: 04 Mar 2005
Katleen Baeyens and Sophie Manigart
Ghent University-Universiteit Gent - Department of Accountancy and Corporate Finance and Vlerick Business School
Downloads 49 (391,850)

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Financing choice, private equity, bank debt

16.

Reassessing the Relationships between Private Equity Investors and Their Portfolio Companies

Small Business Economics, Vol. 40, No. 2, 2013
Number of pages: 14 Posted: 30 Mar 2016
Sophie Manigart and Mike Wright
Vlerick Business School and Imperial College London
Downloads 33 (453,767)

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private equity;venture capital;business angels;investor heterogeneity

17.

The Influence of Experiential, Inherited and External Knowledge on the Internationalization of Venture Capital Firms

International Business Review, 21 (5), 929-940 (2012). DOI: 10.1016/j.ibusrev.2011.11.001
Number of pages: 12 Posted: 30 Mar 2016
Ghent University-Universiteit Gent, Vlerick Business School, Nottingham University Business School and Vlerick Business School
Downloads 27 (482,788)

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experiential knowledge; external knowledge; human capital; inherited knowledge; venture capital

18.

Beyond Environmental Scarcity: Human and Social Capital as Driving Forces of Bootstrapping Activities

Journal of Business Venturing, Vol. 29, 2014
Number of pages: 17 Posted: 19 Mar 2016
Dietmar Grichnik, Jan Brinckmann, Luv Singh and Sophie Manigart
University of St. Gallen, Loyola University of Chicago, WHU - Otto Beisheim School of Management and Vlerick Business School
Downloads 16 (545,791)

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Bootstrapping, Human capital, Social capital, Environmental munificence, Nascent ventures

19.

Private Equity Syndication: Agency Costs, Reputation and Collaboration

Journal of Business Finance & Accounting, Vol. 36, Issue 5-6, pp. 616-644, June/July 2009
Number of pages: 29 Posted: 13 Oct 2009
Miguel Meuleman, Sophie Manigart, Andy Lockett and Mike Wright
Vlerick Business School, Vlerick Business School, Nottingham University Business School (NUBS) and Nottingham University Business School
Downloads 3 (630,313)
Citation 1
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The Impact of Human and Social Capital on Entrepreneurs’ Knowledge of Finance Alternatives

Journal of Small Business Management, Vol. 50, Issue 1, pp. 63-86, 2012
Number of pages: 24 Posted: 22 Dec 2011
Arnout Seghers, Sophie Manigart and Tom R. Vanacker
Ghent University-Universiteit Gent - Faculty of Economics and Business Administration, Vlerick Business School and Ghent University
Downloads 2 (670,676)
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The Impact of Human and Social Capital on Entrepreneurs’ Knowledge of Finance Alternatives

Journal of Small Business Management, Forthcoming
Posted: 09 Jan 2011
Arnout Seghers, Tom R. Vanacker and Sophie Manigart
Ghent University-Universiteit Gent - Faculty of Economics and Business Administration, Ghent University and Vlerick Business School

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Enterpreneur, Human Capital, Knowledge, Finance, Startup

21.

Partner Selection Decisions in Interfirm Collaborations: The Paradox of Relational Embeddedness

Journal of Management Studies, Vol. 47, Issue 6, pp. 995-1019, September 2010
Number of pages: 25 Posted: 26 Jul 2010
Miguel Meuleman, Andy Lockett, Sophie Manigart and Mike Wright
Vlerick Business School, Nottingham University Business School (NUBS), Vlerick Business School and Nottingham University Business School
Downloads 2 (640,107)
Citation 1
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22.

Venture Capital Internationalization: Synthesis and Future Research Directions

Journal of Economic Surveys, Vol. 32, Issue 5, pp. 1414-1445, 2018
Number of pages: 32 Posted: 14 Nov 2018
Ghent UniversityVlerick Leuven Ghent Management School, Vlerick Business School, Ghent University and Ghent University-Universiteit Gent - Faculty of Economics and Business Administration
Downloads 1 (652,506)
Citation 1
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Cross‐border investment, Entrepreneurial finance, Foreign direct investment, Internationalization, Review, Venture capital

23.

Valuation of Angel‐Backed Companies: The Role of Investor Human Capital

Journal of Small Business Management, Vol. 54, Issue 1, pp. 356-372, 2016
Number of pages: 17 Posted: 09 Dec 2015
Veroniek Collewaert and Sophie Manigart
Vlerick Business School and Vlerick Business School
Downloads 1 (652,506)
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24.

Venture Capital Investors and Portfolio Firms

Foundations and Trends in Entrepreneurship Vol. 9, No. 4-5, 2013
Number of pages: 219 Posted: 18 Jan 2014
Sophie Manigart and Mike Wright
Vlerick Business School and Imperial College London
Downloads 1 (652,506)
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venture capital, VC process, syndication, initial public offering

Private Equity Involvement and Earnings Quality

Journal of Business Finance & Accounting, Vol. 36, Issue 5-6, pp. 587-615, June/July 2009
Number of pages: 29 Posted: 13 Oct 2009
Christof Beuselinck, Marc Deloof and Sophie Manigart
Catholic University of Lille - IESEG School of Management, University of Antwerp and Vlerick Business School
Downloads 1 (684,913)
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Private Equity Involvement and Earnings Quality

Journal of Business Finance and Accounting, Vol. 36, No. 5-6, pp. 587-615, 2009
Posted: 26 Jan 2004 Last Revised: 10 Jan 2011
Christof Beuselinck, Marc Deloof and Sophie Manigart
Catholic University of Lille - IESEG School of Management, University of Antwerp and Vlerick Business School

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Earnings quality, earnings conservatism, loss recognition timeliness, private equity

26.

Government as Fund-of-Fund and VC Fund Sponsors: Effect on Employment in Portfolio Companies

Small Business Economics, DOI: 10.1007/s11187-016-9831-9, Forthcoming
Posted: 18 Sep 2017
Thomas Standaert and Sophie Manigart
Ghent University - Univ Lille 2 and Vlerick Business School

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Venture capital, Public policy, Government venture capital, Employment growth

27.

Relocation to Get Venture Capital: A Resource Dependence Perspective

Entrepreneurship Theory and Practice, Forthcoming
Posted: 18 Sep 2017
Ghent University-Universiteit Gent, Vlerick Business School, Vlerick Business School and Ghent University

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entrepreneurial firms; venture capital; relocation; first round

28.

Attitudes of Family Firms Towards Outside Investors: The Importance of Organizational Identification

Jeroen Neckebrouck, Sophie Manigart and Miguel Meuleman, 2017. Attitudes of Family Firms towards Outside Investors: The Importance of Organizational Identification. Venture Capital: An International Journal, 19(1-2):29-51. dx.doi.org/10.1080/13691066.2016.1255414
Posted: 25 Feb 2017 Last Revised: 15 Sep 2017
Jeroen Neckebrouck, Sophie Manigart and Miguel Meuleman
Vlerick Business School, Vlerick Business School and Vlerick Business School

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family firms, outside investors, equity, organizational identification, governance, succession

29.

Financial Reporting, Disclosure, and Corporate Governance

The Oxford handbook of Corporate Governance, Oxford University Press, 2013, Chapter 13, pp. 290-307, ISBN 9780199642007
Posted: 05 Apr 2016
Christof Beuselinck, Marc Deloof and Sophie Manigart
Catholic University of Lille - IESEG School of Management, University of Antwerp and Vlerick Business School

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voluntary disclosure, information, disclosure regulations, private firms, public firms

30.

Firm Exit after Distress: Differentiating between Bankruptcy, Voluntary Liquidation and M&A

Small Business Economics, Vol. 39, No. 4, 949-975 (2012)
Posted: 05 Apr 2016
Sofie Balcaen, Sophie Manigart, Jozefien Buyze and Hubert Ooghe
Ghent University-Universiteit Gent - Department of Accountancy and Corporate Finance, Vlerick Business School, Centre of Applied Mathematics and Computer Sciences and Vlerick Business School

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firm exit, bankruptcy, liquidation, acquisition, economic distress, nested logit

31.

Understanding the Continuation of Firm Activities When Entrepreneurs Exit Their Firms: Using Theory of Planned Behavior

Journal of Small Business Management, Vol. 53, Issue 2, pp. 400-415, 2015
Number of pages: 16 Posted: 16 Mar 2015
KU Leuven, Vlerick Business School, Vlerick Business School and Maastricht Centre for Entrepreneurship
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32.

Institutional Frameworks, Venture Capital and the Financing of European New Technology‐Based Firms

Corporate Governance: An International Review, Vol. 22, Issue 3, pp. 199-215, 2014
Number of pages: 17 Posted: 30 Apr 2014
Tom R. Vanacker, Andy Heughebaert and Sophie Manigart
Ghent University, Ghent University-Universiteit Gent - Faculty of Economics and Business Administration and Vlerick Business School
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Corporate Governance, Financing, Shareholder Protection, Personal Bankruptcy Laws, Venture Capital

33.

Path‐Dependent Evolution Versus Intentional Management of Investment Ties in Science‐Based Entrepreneurial Firms

Entrepreneurship Theory and Practice, Vol. 38, Issue 3, pp. 671-690, 2014
Number of pages: 20 Posted: 09 Apr 2014
Tom R. Vanacker, Sophie Manigart and Miguel Meuleman
Ghent University, Vlerick Business School and Vlerick Business School
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34.

An Assessment of Government Funding of Business Angel Networks in Flanders

Regional Studies, Vol. 44, No. 1, pp119-130, 2010
Posted: 09 Jan 2011
Veroniek Collewaert, Sophie Manigart and Rudy Aernoudt
Maastricht Centre for Entrepreneurship, Vlerick Business School and Flemish Minister of Economy, Enterprise, Research, Innovation and External Trade

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risk capital, public policy, business angel, economic development, market failure

35.

A Longitudinal Study on the Relationship Between Financial Bootstrapping and New Venture Growth

Entrepreneurship and Regional Development, Forthcoming
Posted: 24 Dec 2010
Tom R. Vanacker, Sophie Manigart, Miguel Meuleman and Luc Sels
Ghent University, Vlerick Business School, Vlerick Business School and Katholieke Universiteit Leuven - Faculty of Business and Economics (FBE)

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entrepreneurial finance, financial bootstrapping, startups, growth

36.

From Distress to Exit: Determinants of the Time to Exit

Journal of Evolutionary Economics, Forthcoming
Posted: 24 Dec 2010
Sofie Balcaen, Sophie Manigart and Hubert Ooghe
Ghent University-Universiteit Gent - Department of Accountancy and Corporate Finance, Vlerick Business School and Vlerick Business School

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firm exit, distress, court driven exit, voluntary liquidation, slack resources, stakeholders

37.

The Planned Decision to Transfer an Entrepreneurial Company

The IUP Journal of Entrepreneurship Development, Vol. 7, Nos. 1 & 2, pp. 7-22, March & June 2010
Posted: 22 May 2010
Hannes Luc Leroy, Sophie Manigart and Miguel Meuleman
KU Leuven, Vlerick Business School and Vlerick Business School

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38.

The Global Entrepreneurship Monitor (Gem) - Executive Report Belgium and Flanders 2001

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 24 Nov 2009
Vlerick Business School, Vlerick Business School, Vlerick Business School and affiliation not provided to SSRN

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Entrepreneurial activity, Cultural attitudes, Individual traits, Males, Age, Gender, Market infrastructures, Entrepreneurship education, Early stage financing, Economic growth, Females, Public policies, Startup rates, Regulations, Technology transfer, Venture capital

39.

Venture Capital Governance and Value Added in Four Countries

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 17 Nov 2009
Sophie Manigart, Harry J. Sapienza and Wim Vermeir
Vlerick Business School, University of Minnesota - Twin Cities - Carlson School of Management and affiliation not provided to SSRN

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Monitoring, Networking, Decision making, Business counseling, Business assistance, Venture capitalists, Venture capital firms, Firm governance, Intermediaries, Mentoring

40.

Venture Capitalists' Decision to Syndicate

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 10 Nov 2009
Vlerick Business School, Nottingham University Business School (NUBS), Vlerick Business School, Nottingham University Business School, Lund University - Lund Institute of Economic Research, Erasmus University Rotterdam (EUR) - Department of Strategic Management and Entrepreneurship, Université de Bourgogne and EBS Business School

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Syndication, Portfolio management, Venture capital, Motivation, Venture capital firms, Value maximization, Management decisions, Late stage financing, Early stage financing

41.

Venture Capitalists' Selection Process: The Case of Biotechnology Proposals

University of Illinois at Urbana-Champaign's Academy for Entrepreneurial Leadership Historical Research Reference in Entrepreneurship
Posted: 10 Nov 2009
Katleen Baeyens, Tom R. Vanacker and Sophie Manigart
Ghent University-Universiteit Gent - Department of Accountancy and Corporate Finance, Ghent University and Vlerick Business School

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Investment criteria, Risk management, Management decisions, Biotechnology industry, Startups, Venture capitalists, Firm characteristics, Valuation, Risk assessment

42.

Private Equity Investments and Disclosure Policy

European Accounting Review Vol. 17, No. 4, December 2008
Posted: 11 Nov 2004 Last Revised: 10 Jan 2011
Christof Beuselinck, Marc Deloof and Sophie Manigart
Catholic University of Lille - IESEG School of Management, University of Antwerp and Vlerick Business School

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Disclosure choice, private equity, unlisted firms, corporate governance

43.

Venture Capitalists, Investment Appraisal and Accounting Information: A Comparative Study of the Us, UK, France, Belgium and Holland

European Financial Management, Vol. 6, No. 3 September 2000
Posted: 04 Jul 2000
Vlerick Business School, Nottingham University Business School, Ghent University-Universiteit Gent, Nottingham University Business School, Université de Bourgogne, University of Minnesota - Twin Cities - Carlson School of Management and University of South Carolina - Darla Moore School of Business

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Other Papers (3)

Total Downloads: 230
1.

Agency Costs, Reputation and Collaboration: Syndication in the UK Market for Private Equity

EFA 2007 Ljubljana Meetings Paper
Number of pages: 45 Posted: 01 Mar 2007
Miguel Meuleman, Mike Wright, Sophie Manigart and Andy Lockett
Vlerick Business School, Nottingham University Business School, Vlerick Business School and Nottingham University Business School (NUBS)
Downloads 144

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equity, financing, syndication, agency theory

2.

The Wealth Effects of Horizontal Acquisitions on Rivals: Distinguishing between Public, Private and Subsidiary Targets

Midwest Finance Association 2013 Annual Meeting Paper
Number of pages: 33 Posted: 31 Aug 2012
Virginie Mataigne, Sophie Manigart and Mathieu Luypaert
Ghent University-Universiteit Gent - Department of Accountancy and Corporate Finance, Vlerick Business School and Vlerick Business School
Downloads 48

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M&A, rivals, valuation

3.

Incremental Financing Decisions in High Growth Companies: Pecking Order and Debt Capacity Considerations

Small Business Economics, Vol. 35, No. 1, 2010
Number of pages: 37 Posted: 02 Mar 2008 Last Revised: 26 Dec 2010
Tom R. Vanacker and Sophie Manigart
Ghent University and Vlerick Business School
Downloads 38

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Financing Decisions, Pecking order theory, Debt capacity, Growth