A国有风险投资公司投资风险管理研究

发布时间：2018-05-12 08:07

本文选题：风投公司 + 投资风险　；参考：《扬州大学》2017年硕士论文

【摘要】：风险投资作为高新技术企业发展的推进器倍受世人青睐,对于解决中小企业融资难、促进创新创业、支持企业重组重建、推动企业转型升级具有重要的作用。风险投资作为一种创造性极强的经济活动,其立项、尽调、投资协议签审乃至项目退出的整个过程,都存在环环相扣的因果关系,每一个环节都对应着相应的风险,投资风险的存在对投资业务的成败起着非常关键的作用。本文以A国有风险投资公司的投资指导制度、投资操作流程及投资风险管理制度为研究对象,通过风险管理框架进行风险识别、评估和控制,分析A风险投资公司在公司管理层面和投资业务操作层面存在的的风险管理问题和原因,并提出相关对策和建议,具有非常重要的现实意义,对我国其他风险投资公司开展风险管理工作也提供了一定的借鉴作用。本文研究认为,A国有风险投资公司的风险管理存在以下问题:在公司管理层面,风险管理意识薄弱、风险管理组织结构不完善、风险管理制度不健全;在业务操作层面,法律风险、业务风险、财务风险的评估方法单一,风险应对方法也不完善。本文提出了完善A国有风险投资公司的投资风险管理的对策,主要有以下几点:第一,加强投资风险管理文化建设,把投资风险管理的责任内化为员工的职业态度和工作习惯,最大限度地发挥员工在投资风险管理方面的积极性和创造性;第二,完善投资风险管理组织结构,招募专业投资人才和风控人才,强化团队建设;第三,优化投资风险管理制度,构建具有国有风险投资公司特色的投资风险管理制度,保障相关制度能够有效实施;第四,借助有效的投资风险管理工具,通过科学的风险评估方法进行风险测量,引进第三方中介机构参与投资业务工作;第五,发展先进的投资风险管理方法,通过科学的投资风险管理办法进行风险规避、风险转移和风险分散。
[Abstract]:Venture capital, as the propeller of the development of high-tech enterprises, is very popular in the world. It plays an important role in solving the financing difficulties of small and medium-sized enterprises, promoting innovation and entrepreneurship, supporting the reorganization and reconstruction of enterprises, and promoting the transformation and upgrading of enterprises. As a kind of highly creative economic activity, venture capital has a close causal relationship in the whole process of establishing projects, adjusting investment agreements, signing and examining investment agreements and even withdrawing projects. Each link corresponds to the corresponding risks. The existence of investment risk plays a key role in the success or failure of investment business. This paper takes the investment guidance system, the investment operation process and the investment risk management system of country A venture capital company as the research object, carries on the risk identification, the appraisal and the control through the risk management framework, It is of great practical significance to analyze the problems and causes of risk management in A venture capital company at the level of management and operation of investment business, and to put forward relevant countermeasures and suggestions. It also provides some reference for other venture capital companies to carry out risk management. In this paper, the author thinks that there are some problems in the risk management of the venture capital companies in China: at the level of company management, the consciousness of risk management is weak, the organizational structure of risk management is not perfect, the system of risk management is not perfect, and the risk management system is not perfect at the level of business operation. Legal risk, business risk, financial risk assessment method is single, risk response method is not perfect. This paper puts forward the countermeasures to perfect the investment risk management of country A venture capital company, mainly as follows: first, strengthen the construction of investment risk management culture, and internalize the responsibility of investment risk management into the professional attitude and work habit of the staff. To maximize the enthusiasm and creativity of employees in investment risk management; second, to improve the investment risk management organizational structure, recruit professional investment personnel and wind control personnel, and strengthen team building; third, Optimize the investment risk management system, construct the investment risk management system with the characteristics of state-owned venture capital companies, ensure that the relevant systems can be effectively implemented; fourth, with the aid of effective investment risk management tools, Carry on the risk measurement through the scientific risk assessment method, introduce the third party intermediary to participate in the investment business work; fifthly, develop the advanced investment risk management method, carry on the risk avoidance through the scientific investment risk management method, Risk transfer and risk dispersion.
【学位授予单位】：扬州大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F272.3;F832.39

【参考文献】