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侦察员还是教练员:风险投资家的角色研究综述

Scout or Coach: The Role of Venture Capitalists Research Review
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摘要 有风险投资参与的企业往往表现出更出色的业绩,风险投资家在投资过程中既可能扮演侦察员角色又可能担当教练员角色,学术界对于风险投资家的哪种行为是影响企业业绩的主要来源存在争议;针对风险投资家这两种角色的相关研究成果进行了系统梳理和初步探讨,发现大部分文献对于风险投资家的培育作用持肯定态度。 In most cases,venture capital-backed firms tend to perform better. In the process of investment,venture capitalists（ VCs） may act as a ＂scout＂,and a ＂coach＂as well. However,in academia,there is no agreed conclusion about whether this outperformance is mainly attributed to the pre-investment screening or post-investment monitoring efforts of VCs. This paper presents related studying results of both the ex-ante and ex-post roles of VCs and carries out a preliminary discussion,finding most of the results support VCs＇ ＂coach＂function.
作者 孔令娜 汪洋
机构地区 安徽师范大学经济管理学院 上海财经大学公共经济与管理学院
出处 《重庆工商大学学报（自然科学版）》 2015年第10期87-93,共7页 Journal of Chongqing Technology and Business University:Natural Science Edition
基金 安徽师范大学哲学社会科学繁荣发展计划首批重大项目(FRZD201302) 安徽师范大学2014年度研究生科研创新项目(2014yks108) 芜湖市科技计划软科学重点项目(2014rkx04)
关键词 风险投资 风险企业 风险投资家 侦察员 教练员 venture investment venture capital-backed firms venture capitalists the scout the coach
分类号 G642.23 [文化科学—高等教育学]
  • 相关文献

参考文献24

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二级参考文献7

  • 1Megginson, W. L. and Weiss, K. A. , 1991. Venture Capitalist Certification in Initial Public Offerings [ J]. Finance 46, 879 -903.
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  • 7王一萱,王晓津,陈健.外资创投重点投资的行业及企业研究[R].深圳证券交易所综合研究所,2009.

共引文献5

重庆工商大学学报（自然科学版）
2015年 第10期

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