How can Venture Capitalists-Owner Managers conflicts be managed? If you want peace, agree to keep the peace

Claire Champenois, Michel Devigne, Francois-Regis Puyou*

*Corresponding author for this work

    Research output: Contribution to journalArticlepeer-review

    3 Citations (Scopus)

    Abstract

    This article identifies four mechanisms (talking continuously; showing commitment to a community; strengthening operational focus; and accepting difficult decisions) in Venture Capitalist (VC) – Owner Manager (OM) relationships that serve to manage tensions and thus avert detrimental situations, namely conflicts. The results enrich the literature on VC-OM conflict by mobilizing a tension intensity variable and by providing evidence on how tense critical events can be managed. We offer recommendations and insight into managing tension intensity, which can help VCs and OMs derive the potential benefits of opposing viewpoints while avoiding major disruptions in their relationships.
    Original languageEnglish
    Pages (from-to)189-215
    Number of pages26
    JournalJournal of Small Business Management
    Volume54
    Issue numberS1
    DOIs
    Publication statusPublished - 27 Oct 2016

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