Thoughts on Improving the Incentive and Restraint Mechanism of Private Equity Investment Fund
Abstract
Benefiting from the national policy support and the gradually-improving capital market environment, the domestic private equity investment fund business starts late, but the capital scale has grown rapidly, and has become an important force that can not be ignored in the financial market. Although the prospect is broad, but private equity investment fund in each stage of the business may contain different nature of huge risks.The research results of domestic scholars on private equity investment fund are still in the stage of exploration and development. Therefore, this paper has important theoretical and practical significance to the research on the risk prevention countermeasures of private equity investment fund. For fund investors, it is necessary to screen managers with good reputation, adopt supporting incentive and restraint mechanisms, and implement necessary supervision on managers in order to get better development.
Keywords
Full Text:
PDFReferences
Korteweg A. (2019). Risk adjustment in private equity returns. Annual Review of Financial Economics, 11, 131-152.
Azzi S, & Suchard JA. (2019). Crouching tigers, hidden dragons: Private equity fund selection in China. Pacific-Basin Finance Journal, 53, 236-253.
Mazaheri M, Private Equity Fund Risk Management: An Overview[J]. Social Science Electronic Publishing.
Rossi A. (2019). Decreasing returns or reversion to the mean? The case of private equity fund growth[J], Tuck Forum on Private Equity and Venture Capital.
Korteweg A, & Westerfield MM. (2022). Asset allocation with private equity[J]. Foundations and Trends® in Finance, 13 (2), 95-204.
Konda SFJ, Motaparthi K, & Grant-Kels JM. (2019). Future considerations for clinical dermatology in the setting of 21st century American policy reform: corporatization and the rise of private equity in dermatology[J]. Journal of the American Academy of Dermatology, 81 (1), 287-296.
Hüther N, Robinson DT, Sievers S, & Hartmann-Wendels T. (2020). Paying for performance in private equity: Evidence from venture capital partnerships. Management Science, 66 (4), 1756-1782.
DOI: http://dx.doi.org/10.18686/fm.v7i3.4638
Refbacks
- There are currently no refbacks.