会议专题

Venture Capital Optimal Contract Design and Application based on Multi-Dimensional Screening Model

From the perspective of entrepreneurs,the article set up multi-dimensional screening model between venture capitalists and entrepreneurs,showed multidimensional adverse selection that venture capitalists may hiding level of value-adding inputs to induced,improved that venture capitalists equity proportion would be affected positively by value-adding inputs cost,fund and information rents;venture capitalists degree of value-adding implementation would be affected directly by venture capitalists efficiency,if efficiency be low,venture capitalists value-adding implementation degree would be distorted downward,and degree of distortion would be affected by the probability distribution of venture capitalists types,information rents.

value-adding adverse selection venture capitalist multi-dimensional screening

YAN Wen-jun GUO Ju-e CHAI Jian

School of Management Xian Jiaotong University,Xian 710049, China School of Business Shannxi Normal University,Xian 10062,China

国际会议

The Fourth International Joint Conference on Computational Science and Optimization(第四届计算科学与优化国际大会 CSO 2011)

昆明、丽江

英文

535-539

2011-04-15(万方平台首次上网日期,不代表论文的发表时间)