Title :
Research on the Ways of Improving Principal-Agent Efficiency at Two Levels for Venture Capital
Author :
Jun, Guan ; Yun-feng, Ye
Author_Institution :
Econ. & Manage. Sch., Hebei Eng. Univ., Handan, China
Abstract :
The paper begins with the concise analysis of the principal-agent relationship at two levels among investors of venture capital and venture capitalists, venture capitalists and venture firms, then the framework for analyzing principal-agent efficiency on the basis of the implication of the concept´ principal-agent efficiency is established. Finally, the framework is applied to explore the problem of improving the efficiency of principal-agent relationship at two levels.
Keywords :
venture capital; investors; principal-agent relationship; venture capital; venture firms; Conference management; Costs; Engineering management; Industrial engineering; Industrial relations; Information analysis; Information management; Innovation management; Investments; Venture capital; investor of venture capital; principal-agent efficiency; venture capitalist; venture firm;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering, 2009 International Conference on
Conference_Location :
Xi´an
Print_ISBN :
978-0-7695-3876-1
DOI :
10.1109/ICIII.2009.194
