风险投资机构的网络位置对其退出方式的影响研究

被引:16
作者
党兴华
董建卫
陈蓉
机构
[1] 西安理工大学经济与管理学院
关键词
风险投资机构; 网络联结; 网络位置; 网络中心性; 退出方式;
D O I
暂无
中图分类号
F832.48 [投资]; F224 [经济数学方法];
学科分类号
120204 ; 0701 ; 070104 ;
摘要
对中国本土风险投资机构间的网络联结对退出方式的影响进行研究。运用清科数据库2000年1月至2009年12月的数据,研究发现风险投资机构的网络位置对退出方式有显著的影响:(1)若包含所有投资轮次,风险投资机构的网络中心性越高,通过IPO或M&A退出的可能性越大。(2)若仅包含通过IPO或M&A退出的投资轮次,风险投资机构的网络中心性越高,通过IPO退出的可能性越大。
引用
收藏
页码:156 / 166
页数:11
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