The Relationship between Time-utility and Reward Incentive in Venture Capital -Based on the Model of Double Principal-agent

摘要：

This paper built a double principal-agent model of venture capital after introduction of time variable. Then the optimal incentive intensity of agent was drawn from analysis of relationship between time-utility and reward incentive, furthermore, this paper gives some suggestion to improve the efficiency of venture capital.

关键词： venture capital principal-agent time-utility incentive intensity

作者: FENG Mei HUANG Huiwei

作者单位: Business School, Hebei Normal University, XinShinan Road 247, Shijiazhuang City, Hebei Province,P.R.China, 050091

会议类型: 国际会议

会议名称: The 3rd International Institute of Statistics & Management Engineering Symposium(2010 国际统计与管理工程研讨会 IISMES)

会议地点: 威海

会议语种:英文

页码: 495-499

在线出版日期: 2010-07-24（万方平台首次上网日期，不代表论文的发表时间）