期刊文献+

关于风险投资者和投资管理机构的关系模型 被引量:3

A Model on the Relationship between Venture Investor and Investent Agency
下载PDF
导出
摘要 由于信息不对称 ,风险投资管理机构存在很大的道德风险。本文通过风险投资者和投资管理机构之间的关系研究认为 ,使投资管理者的回报和基金收益挂钩和公布投资管理者的业绩信息 ,可以对投资管理者进行有效的激励和约束。 Because of information asymmetry, investment agency of venture capital has very large moral risk. Through the study of the relationship between venture investor and investment agency, we think,if the income of investment manager is connected with the return of fund and the achievement information of investment manager can be publicized, it can have effective inspirations and restrictions on investment manger.
出处 《预测》 CSSCI 2001年第6期52-53,共2页 Forecasting
基金 国家自然科学基金重点资助项目 (79830 0 30 )
关键词 风险投资者 投资管理机构 关系模型 道德信用 能力信用 venture capital moral credit capability credit
  • 相关文献

参考文献2

二级参考文献12

共引文献95

同被引文献11

  • 1SAHLMAN WILLIAM A.Insights from the Venture Capital Model of Project Governance[J]. Business Economics, 1994 (29) : 35-42.
  • 2SAHLAMAN W A. The Structure and Govemance of Venture Capital Organizations[ J]. Journal of Financial Economics, 1990, 27:473 -521.
  • 3GOMPERS P A, LERNER J. The use of Covenants: an Empirical Analysis of Venture Partnership Agreements [ J ]. Journal of Law and Economics, 1996, 39:463 -98.
  • 4PARKER E, PARKER P T. Venture Capital Investment: Emerging Force in the Southeast [ J ]. Economic Review - Federal Research Bank of Atlanta, 1998, 83(4) : 36 -47.
  • 5GIBBONS R, MURPHY K. Optimal Incentive Contracts in the Presence of Career Concerns: Theory and Evidence [ J ]. Journal of Political Economy, 1992, 100(3): 468-504.
  • 6GOMPERS P. Optimal Investment, Monitoring, and the Staging of Venture Capital [J]. Journal of Finance, 1995, 50:1461 - 1489.
  • 7HOLMSTROM B. Managerial Incentive Problems: A Dynamic Perspective [J]. Review of Economic Studies, 1999, 66:169 - 182.
  • 8Sahlaman W A. The Structure and Governance of Venture Capital Organizations[J] .Journal of Financial Economics, 1990, (27) :473 - 521.
  • 9Gompers P. Optimal Investment, Monitoring, and the Staging of Venture Capital[J].Journal of Finance, 1995, (50) : 1461 - 1489.
  • 10刘少波,蒋海.风险投资进入与退出的信息经济学分析[J].财贸经济,2000,21(3):36-40. 被引量:10

引证文献3

二级引证文献7

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部