AI SearchDecision making practices of venture capital firms in Pakistan and United Kingdom (Record no. 26011)
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| fixed length control field | 04926nam a2200409 4500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
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| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 140998s1998 th r 0000|0 eng d |
| 035 ## - SYSTEM CONTROL NUMBER | |
| System control number | .b11724390 |
| 099 #9 - LOCAL FREE-TEXT CALL NUMBER (OCLC) | |
| Classification number | AIT RSPR no. SM-98-33 |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Chaudhry, Wasique Waheed |
| 245 10 - TITLE STATEMENT | |
| Title | Decision making practices of venture capital firms in Pakistan and United Kingdom |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | Bangkok : |
| Name of publisher, distributor, etc. | Asian Institute of Technology, |
| Date of publication, distribution, etc. | 1998 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | 103 leaves |
| 490 1# - SERIES STATEMENT | |
| Series statement | Research studies project report ; |
| Volume/sequential designation | no. SM-98-33 |
| 500 ## - GENERAL NOTE | |
| General note | A research study submitted in partial fulfillment of the requirements for degree of Master of Business Administration, School of Management |
| 502 ## - DISSERTATION NOTE | |
| Dissertation note | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 1998 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | The first stirring of modem venture capital in the UK were in the 1930s when Charter house, a UK merchant bank, launched a specialized managed fund to provide equity finance for small and growing businesses. Later, in 1945 an initiative by the Banlc of England and the UK clearing banlcs founded the Industrial and Commercial Finance Corporation (ICFC), now known as 3i (Investors in Industry). However, until the end of the 1970s, only a few other venture capital operations were created, almost all of which were offshoots of clearing banlcs investing small amounts of their own capital. In contrast, the 1980s saw phenomenal growth in the UK venture capital industry. The dramatic change was triggered by a number of factors, Creation of a secondary market, Government policy and the Encouragement of entrepreneurship and institution's changing attitudes to illiquid equity investment. The notion of Venture Capital is not very old in Pakistan, Venture Capital Firms (VCFs) are facing various constraints. They have to encounter new challenges which can be attributed to the inherent risks of venture capital activity and Government Rules of 1995 on the subject. This study provides evidence of venture capital activity development process in two selected Companies from UK and Pakistan. These Venture Firms (VCFs) have set their own vision, fund raising strategy, marketing strategy, investment decision criteria and valuation methodologies. Decision making process is mainly subjective in nature, although it is supported by qualitative and quantitative analysis; and the process depends heavily on the expertise of management. To reduce investment risk, currently VCFs in UK have shifted their focus from high-tech (early stage) firms to growth companies with good track record (MBO/MBI). In the decision making process Venture Capital Firms put utmost importance to Investment Decision Criteria's. VCFs carry out rigorous assessment before investment. In this study investment criteria involved in a project are categorised as Financial Criteria, Product Market Criteria, Strategic-Competitive Criteria, Fund-Criteria, Management Team Criteria ,Management Competence Criteria and Deal Criteria. However to carry out over all Investment Decision assessment of the project, a model has been developed based on the experience of VCFs management team and their real practices. The Major stages in Decision Making Process are identified as Evaluating the plan, Initial inquires and negotiation, Due diligence, Final negotiation and completion However, significance of each stage depends on the nature of project and decision making process is influenced by the subjective judgment of VCF management team. For valuation process, British companies follow mainly PIE ratio method, Existing net assets method, Comparison method and Pakistani companies follow Discounted Cash Flow Analysis, P/E ratio method. Figures obtained from different models act as a guideline and the valuation process requires judgment of the management. |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Venture capital |
| Geographic subdivision | Pakistan |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Venture capital |
| General subdivision | Decision making |
| 650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Venture capital |
| General subdivision | Great Britain |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Gupta, Joyti, |
| Relator term | Chairperson |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Paul, Himangshu, |
| Relator term | Examination Committee |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Pandey, Indra M., |
| Relator term | Examination Committee |
| 710 2# - ADDED ENTRY--CORPORATE NAME | |
| Corporate name or jurisdiction name as entry element | Asian Development Bank - Japan, |
| Relator term | Scholarship donor |
| 810 2# - SERIES ADDED ENTRY--CORPORATE NAME | |
| Corporate name or jurisdiction name as entry element | Asian Institute of Technology. |
| Title of a work | Research studies project report ; |
| Volume/sequential designation | no. SM-98-33 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Materials specified | Full-Text |
| Uniform Resource Identifier | <a href="http://203.159.5.9/ait-thesis/detail.php?q=B13015">http://203.159.5.9/ait-thesis/detail.php?q=B13015</a> |
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| Cataloger's initials, CIN (RLIN) | 980914 |
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| Koha item type | 22-AIT Thesis (Replacement) |
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| Koha item type | 40-Archives |
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| Barcode | Barcode : 30050120619647 |
| CREATED | CREATED : 2012-11-15 |
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| Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Shelving location | Date acquired | Total checkouts | Full call number | Barcode | Date last seen | Copy number | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Available for Loans | Asian Institute of Technology Library | Asian Institute of Technology Library | AIT Publications | 18/08/2026 | AIT RSPR no. SM-98-33 | 30050120619647 | 18/08/2026 | 3 | 18/08/2026 | 22-AIT Thesis (Replacement) | ||||
| Available for Loans | Asian Institute of Technology Library | Asian Institute of Technology Library | Archives | 18/08/2026 | AIT RSPR no. SM-98-33 | 30050160102645 | 18/08/2026 | 18/08/2026 | 40-Archives |