Venture Capital and Corporate Governance Quality in Start-up Enterprises

被引:0
|
作者
Ma Wanli [1 ]
机构
[1] Zhejiang Univ, Sch Management, Hangzhou 310058, Zhejiang, Peoples R China
关键词
Venture capital; Small and medium-sized enterprises; Corporate governance; Role; Performance;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
The paper analyzes the role of venture capital in corporate governance of start-up enterprises. Based on the publicly released information about listed company on small and medium-sized enterprise board, the paper proves that venture capital plays an important role in corporate governance from enterprise performance's point of view. Study shows that venture capital, as a unique financing mode, helps to establish effective enterprise governance mechanism and upgrade enterprises' governance quality. This is a typical case that demonstrates positive interaction between capital market and corporate governance.
引用
收藏
页码:1218 / 1223
页数:6
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