论风险投资与高新技术企业公司治理结构  

On the Corporate Governance of Venture Capital and High-tech Companies

作　　者：熊波[1] 陈柳[2] 

机构地区：[1]中国社科院&特华博士后工作站,北京100101 [2]中国光大银行总行,北京100045

出　　处：《当代财经》2006年第4期65-69,共5页Contemporary Finance and Economics

基　　金：国家自然科学基金资助项目(70073032);国家自然科学基金重点资助项目(79730020)

摘　　要：风险投资能促进技术创新,满足高新技术企业的资金需求,加快其技术成果转化。由于风险投资占高新技术企业相当比例的股权,使得高新技术企业具有特殊的公司治理结构。正是由于这种特殊的治理机制能够比较好地处理好利益相关者的矛盾和利益,使得高新技术企业可以在企业创业、成长的风险期内获得内在的持续发展的动力。Venture capital can promote technical innovation and satisfy the demand for funds in the high-tech sector and thus accelerate the transformation rate of the new technology. Since the venture capital make up a high proportion of stock option of high-tech companies, they develop special corporate governance though which the conflicts and interests of the interest people can be managed more effectively, and enable the companies to acquire sustained momentum for development during the risky period of growth.

关 键 词：风险投资 高新技术企业 公司治理 

分 类 号：F276.44[经济管理—企业管理]