University of Oxford

News & Analysis

financial accounting and investment and university of oxford - All News and Analysis

• Convertible Preferred Stock in Venture Capital Financing

  BNET - 2006-03-01

  This paper provides an explanation for the widespread use of senior convertible preferred stock in venture capital financing. One develops a model of cash constrained entrepreneurs who need an investor to finance their project. Investors can either be uninformed, such as small individual bondholders, or informed, such as venture capitalists...

  Tags: Convertible Preferred Stock, Investor, University Of Oxford, Venture Capital, Investment, Financial Accounting, Finance, Financing Startups

• Distinguished Limits of Levy-Stable Processes, and Applications to Option Pricing

  BNET - 2004-03-27

  This paper derives analytic expressions for the value of European put and call options when the stock process follows an exponential Levy-Stable process. It is shown that the generalized Black-Scholes operator for the Levy-Stable case can be obtained as an asymptotic approximation of a process where the random variable follows...

  Tags: Pricing Strategy, University Of Oxford, Investment, Pricing, Financial Accounting, Finance, Marketing

• Institutional Investment and Private Equity in the UK

  BNET - 2001-05-11

  This paper points to serious deficiencies in the governance of pension funds. These concerns are of considerable significance in their own right. But a fundamental focus of the Review is on their impact on the provision of private equity in the UK. This paper summarizes evidence from the Review and...

  Tags: Private Equity, Financial, U.K., University Of Oxford, Financial Accounting, Investment, Financial Services, Finance