Management conflict in venture capital financing: A study on the Malaysian venture capital companies

The increasing complexity of managing venture business has made it necessary for Malaysian venture capitalists to develop cordial relationships with the entrepreneurs in order to achieve mutual goal.However, the warm venture cooperation built between venture capitalists and entrepreneurs may still b...

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Main Authors: Mohammad, Hisham, Minai, Mohd Sobri, Lucky, Esuh Ossai-Igwe
Format: Conference or Workshop Item
Language:English
Published: 2013
Subjects:
Online Access:http://repo.uum.edu.my/9488/1/0.pdf
http://repo.uum.edu.my/9488/
http://www.internationalconference.com.my/past/icmef2013.html
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spelling my.uum.repo.94882016-04-18T07:55:12Z http://repo.uum.edu.my/9488/ Management conflict in venture capital financing: A study on the Malaysian venture capital companies Mohammad, Hisham Minai, Mohd Sobri Lucky, Esuh Ossai-Igwe HD28 Management. Industrial Management The increasing complexity of managing venture business has made it necessary for Malaysian venture capitalists to develop cordial relationships with the entrepreneurs in order to achieve mutual goal.However, the warm venture cooperation built between venture capitalists and entrepreneurs may still be interrupted by management conflict which occurred due to various managerial factors. Thus, conflict becomes one of the major barriers that may prevent both venture capitalists and entrepreneurs from creating successful venture business.As a result, this study investigates the management conflict in venture capital investments and the possible resolutions for the conflict.Due to this, a cross-sectional study of questionnaire survey research design was conducted in this respect.Questionnaire data were generated from 35 Malaysian venture capital companies located in Kuala Lumpur and Selangor. The questionnaires were distributed through mailing procedure.Overall, the findings indicate that the managerial factors significantly influence the management conflict.Further results show that managerial factors which consist of Deal Origination and Screening (DOS), Evaluating Venture Proposal (EVP), Contracting and Deal Structuring (CDS), Monitoring and Post Investment Activities (MPI) and Risk Management (RM) significantly influence the management conflict in venture cooperation.Based on the findings, it is inferred that managerial factors does influence the occurrence of management conflict in venture cooperation. Thus, the study recommends that Malaysian venture capitalists, which includes policy makers, to give more consideration to the managerial factors in order to reduce the possibility of conflict to occur.Finally, both the theoretical and practical implications are duly presented as well as that of the limitations of the study and suggestions for future study are included in this regard. 2013-10 Conference or Workshop Item PeerReviewed application/pdf en http://repo.uum.edu.my/9488/1/0.pdf Mohammad, Hisham and Minai, Mohd Sobri and Lucky, Esuh Ossai-Igwe (2013) Management conflict in venture capital financing: A study on the Malaysian venture capital companies. In: 2nd International Conference on Management, Economics and Finance (2nd ICMEF 2013), 28 -29 Oktober 2013, Novotel 1Borneo, Kota Kinabalu, Sabah, Malaysia. http://www.internationalconference.com.my/past/icmef2013.html
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HD28 Management. Industrial Management
spellingShingle HD28 Management. Industrial Management
Mohammad, Hisham
Minai, Mohd Sobri
Lucky, Esuh Ossai-Igwe
Management conflict in venture capital financing: A study on the Malaysian venture capital companies
description The increasing complexity of managing venture business has made it necessary for Malaysian venture capitalists to develop cordial relationships with the entrepreneurs in order to achieve mutual goal.However, the warm venture cooperation built between venture capitalists and entrepreneurs may still be interrupted by management conflict which occurred due to various managerial factors. Thus, conflict becomes one of the major barriers that may prevent both venture capitalists and entrepreneurs from creating successful venture business.As a result, this study investigates the management conflict in venture capital investments and the possible resolutions for the conflict.Due to this, a cross-sectional study of questionnaire survey research design was conducted in this respect.Questionnaire data were generated from 35 Malaysian venture capital companies located in Kuala Lumpur and Selangor. The questionnaires were distributed through mailing procedure.Overall, the findings indicate that the managerial factors significantly influence the management conflict.Further results show that managerial factors which consist of Deal Origination and Screening (DOS), Evaluating Venture Proposal (EVP), Contracting and Deal Structuring (CDS), Monitoring and Post Investment Activities (MPI) and Risk Management (RM) significantly influence the management conflict in venture cooperation.Based on the findings, it is inferred that managerial factors does influence the occurrence of management conflict in venture cooperation. Thus, the study recommends that Malaysian venture capitalists, which includes policy makers, to give more consideration to the managerial factors in order to reduce the possibility of conflict to occur.Finally, both the theoretical and practical implications are duly presented as well as that of the limitations of the study and suggestions for future study are included in this regard.
format Conference or Workshop Item
author Mohammad, Hisham
Minai, Mohd Sobri
Lucky, Esuh Ossai-Igwe
author_facet Mohammad, Hisham
Minai, Mohd Sobri
Lucky, Esuh Ossai-Igwe
author_sort Mohammad, Hisham
title Management conflict in venture capital financing: A study on the Malaysian venture capital companies
title_short Management conflict in venture capital financing: A study on the Malaysian venture capital companies
title_full Management conflict in venture capital financing: A study on the Malaysian venture capital companies
title_fullStr Management conflict in venture capital financing: A study on the Malaysian venture capital companies
title_full_unstemmed Management conflict in venture capital financing: A study on the Malaysian venture capital companies
title_sort management conflict in venture capital financing: a study on the malaysian venture capital companies
publishDate 2013
url http://repo.uum.edu.my/9488/1/0.pdf
http://repo.uum.edu.my/9488/
http://www.internationalconference.com.my/past/icmef2013.html
_version_ 1644280121544146944
score 13.211869