Table 4
Significant Post-Investment ‘Hands On’ Monitoring Differences
 

BAs’
Mean

VCs’
Mean

BAs’
S/D

VCs’
S/D

P value

Investment criteriaa          
–Investor’s desire for involvement

2.42

2.85

1.4

1.4

 0.014

–Investor can fill in business gaps

2.44

3.47

1.3

1.2

<0.001

–Venture is local

2.79

3.65

1.5

1.4

<0.001

Monitor (1 = active, 4 = passive)

2.27

2.42

1.0

0.8

None (but scaled distribution)

Telephone calls (per month)

7.74

5.51

8.2

6.0

0.017

Visits (per month)

3.15

1.58

4.8

2.3

0.001

a The criteria were measured on a Likert Scale where 1 = very important; 5 = not important