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

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Champenois_Manuscript_v3_AAM.pdf (287.1Kb)
Date
27/10/2016
Author
Champenois, Claire
Devigne, Michel
Puyou, Francois-Regis
Keywords
HD28 Management. Industrial Management
BDC
R2C
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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.
Citation
Champenois , C , Devigne , M & Puyou , F-R 2016 , ' How can Venture Capitalists-Owner Managers conflicts be managed? If you want peace, agree to keep the peace ' , Journal of Small Business Management , vol. 54 , no. S1 , pp. 189-215 . https://doi.org/10.1111/jsbm.12297
Publication
Journal of Small Business Management
Status
Peer reviewed
DOI
https://doi.org/10.1111/jsbm.12297
ISSN
0047-2778
Type
Journal article
Rights
Copyright © 2016, International Council for Small Business. This work is made available online in accordance with the publisher’s policies. This is the author created, accepted version manuscript following peer review and may differ slightly from the final published version. The final published version of this work is available at https://doi.org/10.1111/jsbm.12297
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  • University of St Andrews Research
URI
http://hdl.handle.net/10023/16346

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