风险投资对中国电影企业绩效的因素研究

发布时间：2018-02-21 02:08

本文关键词： 风险投资增值服务企业治理企业绩效　出处：《上海交通大学》2012年硕士论文　论文类型：学位论文

【摘要】：20世纪80年代以来，随着中国改革开放的不断加快和深化，中小型企业犹如雨后春笋般在大江南北崛起，民营经济开始起步，一些留学归来的有识之士发现，成功的创业除了需要高新独特的技术之外，还有非常重要的一点就是为创业者提供早期的权益性资本，而风险投资正是在这样一种大环境下开始登陆中国。虽然风险投资在中国已走过将近30年的历程，但是和一些欧美发达国家相比仍然不够完善和成熟。如何利用风险投资解决企业融资难的困难，以及如何为企业带来更大的增值服务，是当今亟待研究的重要课题。而就中国的电影行业而言，从20世纪80年代到21世纪初，作为老牌的传统行业，并未受到如互联网行业炙手可热般的优待，，但随着电影企业整体价值的提升以及商业模式和运营方式的优改变，风险投资家逐渐的也将目光转向了电影行业。当越来越多的资本进入电影企业，电影企业也开始关注风险投资给电影企业所带来的增值服务有哪些？增值服务的质量如何？如何直接或间接的提高企业的效益？这些问题回答直接决定了风险投资最终成功与否。本文从电影行业着手，阐明了风险投资增值服务和电影行业企业治理绩效之间的关系，主要研究风险投资和企业如何共赢发展，最终达到价值最大化的问题。笔者针对国内外关于风险投资及其增值服务和企业治理及企业绩效等领域的文献进行广泛的查阅和整理，并通过自身的人脉对电影企业进行访谈及问卷调查。分析结果表明风险投资的参与对企业的治理和企业绩效的提高有显著地影响，对企业竞争力和财务绩效也都有正向促进作用。
[Abstract]:Since 1980s, with the continuous acceleration and deepening of China's reform and opening up, small and medium-sized enterprises have sprung up in the north and south of the Yangtze River, and the private economy has begun to start. In addition to the need for new and high-tech technologies, it is also very important to provide early equity capital for entrepreneurs. It is in such an environment that venture capital has begun to land in China. Although venture capital has been in China for nearly 30 years, However, compared with some developed countries in Europe and America, it is still not perfect and mature. How to use venture capital to solve the difficulty of enterprise financing and how to bring more value-added services to enterprises is an important subject to be studied. As far as China's film industry is concerned, from 1980s to the beginning of 21th century, as an established traditional industry, has not been as hot as the Internet industry preferential treatment, But with the rise in the overall value of film companies and the change in their business models and operating methods, venture capitalists are turning their attention to the film industry as more and more capital enters the film industry. Film companies also began to pay attention to venture capital to the film companies what value-added services? What is the quality of value-added services? How to directly or indirectly improve the efficiency of enterprises? These answers directly determine the ultimate success of venture capital. This paper illustrates the relationship between venture capital value-added services and corporate governance performance in the film industry. This paper mainly studies how to develop venture capital and enterprises to maximize the value. Based on the literature on venture capital and its value-added services, corporate governance and corporate performance, the author makes extensive reference to and collate the literature on venture capital, value-added services and corporate performance at home and abroad. The results show that the participation of venture capital has a significant impact on corporate governance and corporate performance. Also has the positive promotion function to the enterprise competitive power and the financial performance.
【学位授予单位】：上海交通大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：J992;F832.48;F224

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