A Simulation of the Motivation Function of Reputation Mechanism about Venture Capital Managers

摘要：

This paper is written with a focus on the incentive role of reputation mechanism,which is not a material stimulation, on the investment mangers. Reputation mechanism is an important part of motivation theory in the field of information economic. Its function has been proved by a lot studying. We argue that the reputation exerts a more important influence on the field of investment than on other fields. We mathematically analyze that the reputation mechanism plays an important role in the motivation of investment manager. We make a conclusion of specific requirement on establishing investment managers` reputation mechanism and provide several suggestions about cultivating reputation mechanism in our country.

关键词： Reputation Mechanism Venture capital Manger motivation

作者: Hao Yang Yishao Chen

作者单位: Prof. of Shanghai Institute of Foreign Trade Business School , Shanghai Institute of Foreign Trade S MBA of Shanghai Institute of Foreign Trade Shanghai, PRC

会议类型: 国际会议

会议名称: 2007 Conference on Systems Science, Management Science and System Dynamics(第二届系统科学、管理科学与系统动力学国际会议)

会议地点: 上海

会议语种:英文

页码: 2587-2596

在线出版日期: 2007-10-19（万方平台首次上网日期，不代表论文的发表时间）