Research On Gambling Agreement In Venture Capital

With China’s rapid economic development,the increasingly fierce marketcompetition, corporate finance, corporate development has become a top priority,onlythose with sufficient funds,in order to better development.Introduction of venturecapital has become one of the best ways of financing business in the earlydays.However, due to asymmetric information,investors will generally requirecompanies with the signing of a valuation adjustment mechanism.One is to reduce theinvestment risk; hand also to the development of enterprises play a certain incentive.However,due to the loss throwing behind the desire for higher degree of corporatefunds and excessive confidence in their own ability to develop and will likely lead togambling,so the country is the result of the financing side bet win lose less,it will bevalued adjustment seen as a "gamble."Currently depth study on valuation adjustment mechanism less,most people doesnot understand the true meaning of that agreement would bet mystification.Inaddition,most companies and investors are reluctant to bet on the agreement it signedon to the public,it also gives the research valuation adjustment mechanism hasbrought no small difficulty.Hope that through risk financing business in the nextvaluation adjustment mechanism is not very understanding of the situation to sign theagreement,but not be analyzed on the agreement,which brings to the enterpriseunknown risks.Due to less research on valuation adjustment mechanism on domesticand foreign,mostly after a small number of cases analyzed by the conclusion,soconvincing conclusions may be insufficient.Through a combination of theory and caseapproach, first by way of theoretical analysis and financing side of valuationadjustment mechanism should face how should investors and financiers in the signingof the agreement on the issue of gambling in the whole process of beingconsidered,investors bet on the development of situation with their own choices.Thenthe combination of theory and case,a more comprehensive study of valuationadjustment mechanism,so that a more complete valuation adjustmentmechanism,while reducing the risk of investors and financiers in order to achieve awin-win outcome.The full text is divided into six parts,including the following:The first part is the introduction to this article.Introduces the purpose and significance of this valuation adjustment mechanism-related literature review,thebasic idea of this article,as well as innovative research methods and lack of thisarticle.The second part is the theoretical overview of this article.First, the analysis ofinvestment risk,including the results of the concept of venture capital and venturecapital companies to introduce reason and after introduction;then analyzed on anvaluation adjustment mechanism,including an valuation adjustment mechanismconcept and content,as well as domestic common type of valuation adjustmentmechanism,agreements and options will be compared to gambling.The third part is the theoretical part of this study.Through the whole process ofthe establishment of venture capital and venture capital companies related factors andvaluation models to improve it and to prove.Fourth,the five part is the core part of.Will be from financing investment andanalysis of valuation adjustment mechanism,the valuation adjustment mechanismprocess show.Analysis of the investment side to bet gambling should be set and howto choose financing.This is also on gambling game,study its results,so that how toachieve a win-win outcome.The sixth part is the conclusion of this article.Before the study, summarize,andmake some recommendations to investors and financiers, respectively,for futureresearch prospects.In this paper,there are also many deficiencies.Select the one hand, the index canalso be closer to the actual situation of enterprises. Because of my limited ability toget channels and data on the setup evaluation is not comprehensive enough.Due to mylimited knowledge, errors and omissions in the text will inevitably arise,scholars urgeexamination wing.In this,I express my heartfelt thanks!...