期刊文献+

基于信号博弈的风险投资股权融资分析 被引量:8

Stock Financing with Venture Capital of Signaling Game Mode
下载PDF
导出
摘要 我国当前风险投资融资工具主要是股权融资和债券融资。通过构建了一个信号博弈模型,在信息不对称条件下对风险企业家和风险投资家股权比例进行设计,认为能够保证融资的顺利进行和有效防范道德风险。 The most important invest financing tools of our venture capital are stock financing and bond financing. The acticle builds a signaling game model, the stockratio between venture entrepreneur and venture isvestor is designed under theinformation asymmetry condition. We believe that it will guarantee the success of thefinancing and keep away the moral risk availably.
机构地区 中南大学商学院
出处 《科学管理研究》 CSSCI 北大核心 2007年第3期100-103,共4页 Scientific Management Research
关键词 风险投资 股权 信号博弈 venture capital stock right signaling game model
  • 相关文献

参考文献6

二级参考文献33

  • 1陈德棉 蔡莉.[R].项目编号:79830030,2000..
  • 2陈德棉 蔡莉.[R].项目编号:79830030,2000..
  • 3Comelli,F. ,Oved, Y., 1997. Stage financing and the role of convertible debt, CEPR dicussion paper, 1735.
  • 4Berglof,E., 1994. A control theory of venture capital finance,Journal of Law Economics and Organization, 10,247 -267.
  • 5Bascha A,Walz U. ,2001. Convertible securities and optimal exit decisions in venture capital finance, Journal of Corporate Finance, 7 (3),285 - 306.
  • 6Kaplan S, Stromberg P., 2000. Financial contracting theory meets the real world:An empirical analysis of venture capital contracts,The center for Research in Security Prices Working Paper No. 513, University of Chicago,Graduate School of Business.
  • 7Allen, F, Santomero, A. M., 1998. The theory of financial intermediation,Joumal of Banking and Finance,21,1461 - 1485.
  • 8Marx, L. M. , 1998. Efficient venture capital financing combining debt and equity, Review of Economic Design,3,371 - 387.
  • 9Sahlman,W. A., 1990. The structure and governance of venture capital organizations, Journal of Financial Economics, 27,473- 521.
  • 10Triants,G. G. ,2001. Financial contract design in the world of venture capital, Unpublished working paper,University of Chicago.

共引文献13

同被引文献77

引证文献8

二级引证文献43

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