Review of Corporate Finance (RCF): Special Issue on Alternative Investment Funds

Description

Overview:

While the alternative investment funds (e.g., venture capital, private equity, private debt, hedge funds, and other alternative investment) keep growing, their impact on the corporate world and the overall market is becoming increasingly important and complicated. These funds are often deeply involved in various transactions that result in strategic consolidations or divestments, managerial turnover, changes in corporate governance among many other things. Shareholders, creditors, employees and other stakeholders are affected by these transactions to different extents. They leave footprints in the M&A market, bankruptcy process, proxy fights. In recent years, some hedge funds and private equity funds are increasingly interested in investing in high-growth private companies. Their involvements in the healthcare industry generated a lot of attention to and debates on the health and future landscape of the industry.

The purpose of this special issue is to encourage both theoretical and empirical research on alternative investments funds with a focus on their impact on various industries, markets, and stakeholders.

Possible Research Questions:

· What is the impact of alternative investment funds on their investee companies, for instance, their operating and stock performances, corporate governance, innovation, social responsibility, corporate culture among others?

· What is the impact of alternative investment funds on various parties of the investee companies, for instance, management, employees, unions, creditors among others?

· What is the impact of alternative investment funds on the product market structure and competition?

· How have alternative investment funds affected the M&A market, bankruptcy process, proxy fights? What are the implications for practitioners and policy makers?

· What is the impact of alternative investment funds on entrepreneurial firms, for instance, their performance, valuation, the length of time staying private, the choice of exit strategy? What is their impact on traditional VCs? What is their relationship with traditional VCs?

· What is the social welfare implication of the alternative investment funds’ involvement in healthcare industry?

· How have the investments of alternative funds affected by Covid-19? What is the implication for their investee companies?

Paper Submission Procedure:

Please submit your paper to ndai@albany.edu. The deadline of submission is 10/1/2021.

About the Review of Corporate Finance (RCF):

RCF is published by Now Publishers. Now published papers as Green OA: articles are published under the terms of a non-commercial Creative Commons license (CC-BY-NC), which permits use, distribution and reproduction in any medium, provided the original work is properly cited. These terms mean that you own the copyright to your own work, and transfer a license to Now to print the paper in the journal. You can use the work in subsequent material (e.g., develop or reprint it in a book) as long as you cite the original work. It allows you to maintain your work in open access, which is consistent with most granting body requirements.

RCF prints papers in hard and soft copies. The first issue has just been published - online here: https://www.nowpublishers.com/RCF

And the papers forthcoming in the second issue are online here: https://sites.google.com/view/review-of-corporate-finance/forthcoming-papers?authuser=0

Contributors to RCF so far include top scholars such as Franklin Allen and Allen Berger, among others.

RCF considers original empirical and theoretical papers, as well as methodological contributions, survey papers, and shorter commentaries. All topics in corporate finance are welcome, including interdisciplinary topics. In addition to the official page at Now Publishers, the editors maintain a personal journal page https://sites.google.com/view/review-of-corporate-finance/home?authuser=0 which has details on the scope of the journal, editors and associate editors, and associated conferences.