风险投资退出决策模型设计与经验借鉴  

The Model Design and Experience of Risk Investment's Exit Mechanism

作　　者：刘怡雯[1] 

机构地区：[1]郑州大学商学院,河南郑州450000

出　　处：《金融理论与实践》2008年第7期68-70,共3页Financial Theory and Practice

摘　　要：风险投资作为高风险、高收益的投资活动,选择合适的退出方式来实现资本的增值在整个风险资本循环中至关重要。目前,风险投资退出机制主要包括四种方式:首次公开上市(IPO)、企业购并、回购和清算退出。本文从实际与理论两个方面就有关风险投资退出方式的选择展开讨论,并总结出我国实现风险投资退出的一些启示。Being a high risk and high yield investment, it is important for risk investment to cnoose the proper way out in its whole process of capital value added. At present, exit mechanism includes the four followings： IPO, corporate mergers and acquisitions, repurchase and exit. This paper discusses the exit mechanism from the aspect of practice and theory, and summarizes some inspirations of our countries risk investment exit mechanism.

关 键 词：风险投资 资本市场 信贷风险 

分 类 号：F832.48[经济管理—金融学]