The Research On Financing Construction About Venture Enterprise

The capital is the indispensable element for an enterprise,which is the sustainable impulse of enterprise economic activities. Whenever it's in the establishment stage or the later development stage, an enterprise must own and keep certain sum of the capital. In each stage, the development of the enterprise is based on finance, investment, refinance. The financial structure of the enterprise has a direct influence on the rise and decline of the enterprises. How to raise funds and make use of funds effectively is the problem that the modern enterprise must resolve. Because the venture enterprise is characterized of high risks that decide its special in the financial structure, the thesis will analyze the finance problem of the venture enterprise.There are many factors which influence the financial structure of venture enterprise. The thesis analyzes the financial characteristic of the venture enterprise by the venture investment company's judging for the venture enterprise's finance. Besides, it analyzes the interior and the exterior factors what influence the venture enterprise. In addition, the venture entrepreneur and the professors of venture investment occupy a prominent position in the venture investment process; this thesis elaborates their contrary choices and moral risk problems.The thesis sets up a model for the financial structure of the venture enterprise. That model is based on the theory of the maximal value of venture enterprise, information asymmetry and sectional finance, and some hypothesis. The thesis solves the problems about the sum of finance and the best amount of finance in the financial structure model, and analyzes its rule and the meaning of the theories. Besides, combining with the traditional financial structure theories, encouragement theories and the information asymmetry theories, the thesis give a very detailed explanation of that model.In all, based on the enterprise finance theories, the enterprise growth period theories, the information delivery theories and the theories related venture enterprise's finance, the thesis studies the best financial structure of venture enterprise and how to improve it by learning from the finance experience of venture enterprise in the United States and other developed countries all over the world in regard to the practice of enterprise finance in our country. Also this thesis puts forward to some strategies and suggestions about how to promote the venture enterprise. Finally, it gives a brief summary.