{"id":"W2968166395","doi":"10.33423/jabe.v21i3.2084","title":"A Test of Managerial Discretion and Market Efficiency in the Public Venture Capital Industry","year":2019,"lang":"en","type":"article","venue":"Journal of Applied Business and Economics","topic":"Private Equity and Venture Capital","field":"Business, Management and Accounting","cited_by":0,"is_retracted":false,"has_abstract":true,"ca_institutions":"","funders":"","keywords":"Business; Venture capital; Event study; Capital market; Leakage (economics); Monetary economics; Discretion; Stock market; Stock (firearms); Finance; Economics","routes":{"ca_aff":false,"ca_fund":false,"ca_venue":true,"about_ca":false,"invisible_to_affiliation_only":true},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.005776253,0.000275538,0.0004555382,0.001191408,0.0004408058,0.00162422,0.0006767217,0.0008172165,0.005595348],"category_scores_gemma":[0.04217033,0.000179946,0.0005275822,0.0006550751,0.001734919,0.001974416,0.001363764,0.0008611681,0.0004483068],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0005144974,"about_ca_system_score_gemma":0.0005130224,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.0009724924,"about_ca_topic_score_gemma":0.0003694563,"domain_scores_codex":[0.9961078,0.00154247,0.0003995042,0.0004885534,0.0007488143,0.0007128976],"domain_scores_gemma":[0.828205,0.1201701,0.03335182,0.009321496,0.001970994,0.006980609],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.003094482,0.002702359,0.9560704,0.00006765783,0.0003443445,0.0004790268,0.0008871484,0.006712254,0.004635836,0.008024924,0.0003814832,0.01660017],"study_design_scores_gemma":[0.0001194007,0.001913857,0.963328,0.0000157403,0.00003789566,0.0002815746,0.000658599,0.02578733,0.001839701,0.005542642,0.0004470405,0.00002817886],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9963612,0.00002733653,0.0006480002,0.00004803392,0.000002283113,0.0000155605,0.00006455366,0.00000673133,0.002826377],"genre_scores_gemma":[0.9995461,0.000004139168,0.0001226694,0.000006601295,0.0000056888,0.000006592782,0.00004896941,0.000001959502,0.0002572797],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.005776253,"threshold_uncertainty_score":0.03054816,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.00749560942128691,"score_gpt":0.1794683319561328,"score_spread":0.1719727225348459,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}