Venture Capital Theory and Application

Author: Yang Huachu
Publisher:
Publish Date: 2003-01-01
Features: This book is suitable as a reference textbook for MBA students, senior undergraduate and graduate students in financial and investment management at universities, as well as an important business guide for professionals engaged in venture capital. It systematically discusses the cultivation of China's multi-level risk capital market and the construction of the venture capital system, promoting the development of private equity capital in China. At the same time, it comprehensively studies and elaborates on the innovation in investment management, including the operational organizations and incentive and constraint mechanisms available for venture capital, the investment tools and financial structures, the selection, evaluation, and risk identification of risk projects, and the scientific risk management system. It conducts empirical analysis on the regulation and intervention levels of different venture capital institutions in China and their relationship with investment performance. It also explains the role of the venture capital service support system in China, proposes regional development strategies and countermeasures for venture capital.