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美国风险资本运营的微观监控机制及其借鉴 被引量:6

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摘要 风险投资机构与风险企业管理层之间的信息不对称会带来严重的委托 -代理问题和“道德风险”。在美国 ,通过风险投资中金融工具选择、治理结构安排和分期投资约束等微观监控机制的运用 ,可以有效地缓解这一问题。当前我国也需要构建风险资本运营的微观监控机制 。
作者 罗海平
机构地区 武汉大学商学院
出处 《世界经济》 CSSCI 北大核心 2001年第7期50-54,共5页 The Journal of World Economy
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参考文献6

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同被引文献89

  • 1刘煜辉,熊鹏.股权分置、政府管制和中国IPO抑价[J].经济研究,2005,40(5):85-95. 被引量:284
  • 2钱苹,张帏.我国创业投资的回报率及其影响因素[J].经济研究,2007,42(5):78-90. 被引量:150
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  • 6Barry, C. , Muscarella, C. , Peary III, J. and Vetsaypens, M. , 1990, " The Role of Venture Capital in the Creation of Public Companies" ,Journal of Financial Economics ,27:447-476.
  • 7Baum,J. A. C. and Silverman, B. S. , 2004, "Picking Winners or Building Them? Alliance, Intellectual, and Human Capital as Selection Criteria in Venture Financing and Performance of Biotechnology Startups" ,Journal of Business Venturing, 19 (3) :411-436.
  • 8Beatty,R. and Ritter, J. , 1986, " Investment Banking, Reputation, and the Underpricing of Initial Public Offerings", Journal of Financial Economics, 15:213-232.
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  • 10Brander, J. A. , Egan, E. J. and Hellmann,T. F. .2008," Government Sponsored versus Private Venture Capital: Canadian Evidence", NBER working paper,No. 14029.

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