Management buy outs and venture capital : into the next millenium This book presents up to date evidence on the issues facing financiers and intermediaries involved in venture capital and management buy outs. It provides a comprehensive review of existing literature and an analysis of international trends in market development as well as a global comparison of the major issues 1. Introduction 2. Venture capital 3. The venture capital and buy out markets in the UK and Europe 4. Venture capital in transition economies 5. The role of trust in the informal investors investment decision 6. Relationship participation 7. Loan covenants relationship banking and management buy outs in default 8. Small business demand for trade credit credit rationing and the late payment of commerical debt 9. Funds providers role in venture capital firm monitoring 10. Sources of venture capital deals 11. Venture capitalists investment appraisal and accounting information 12. Accounting information system development and the supply of venture capital 13. European IPO markets 14. Venture capitalists serial entrepreneurs and serial buy outs