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风险投资介入对中小企业控制权转移的影响

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摘要 本文在对风险投资(VC)与控制权转移的相关研究进行综述的基础上,理论探讨了风险投资介入对中小企业控制权转移的影响。结果显示:风险投资介入的控制权是一种状态依存权,风险企业家与风险投资家依据中小企业不同成长阶段与方式行使控制权转移;契约的不完备性决定了风险企业家与风险投资家通过控制权安排解决道德风险。
作者 马春华
机构地区 中南大学商学院
出处 《商业时代》 北大核心 2011年第31期57-58,共2页 Commercial
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