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How Can Venture Capitalists-Owner Managers Conflicts Be Managed? If You Want Peace, Agree to Keep the Peace

Author

Listed:
  • Claire Champenois

    (Audencia Business School)

  • Michel Devigne

    (Mines Nantes - Mines Nantes, LEMNA - Laboratoire d'économie et de management de Nantes Atlantique - IEMN-IAE Nantes - Institut d'Économie et de Management de Nantes - Institut d'Administration des Entreprises - Nantes - UN - Université de Nantes)

  • François-Régis Puyou

    (University of Saint Andrews)

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.

Suggested Citation

  • Claire Champenois & Michel Devigne & François-Régis Puyou, 2016. "How Can Venture Capitalists-Owner Managers Conflicts Be Managed? If You Want Peace, Agree to Keep the Peace," Post-Print hal-01398988, HAL.
    • Handle: RePEc:hal:journl:hal-01398988
    DOI: 10.1111/jsbm.12297
    Note: View the original document on HAL open archive server: https://audencia.hal.science/hal-01398988v1
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    References listed on IDEAS

    as
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