• DocumentCode
    509086
  • 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
  • Volume
    2
  • fYear
    2009
  • fDate
    26-27 Dec. 2009
  • Firstpage
    146
  • Lastpage
    149
  • 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;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Information Management, Innovation Management and Industrial Engineering, 2009 International Conference on
  • Conference_Location
    Xi´an
  • Print_ISBN
    978-0-7695-3876-1
  • Type

    conf

  • DOI
    10.1109/ICIII.2009.194
  • Filename
    5369187