Research On The Effect Of Performance The Invested Enterprise On Exit Time Of Shenzhen Capital Group

In China, more and more investors have a preference for venture capital,and gets the welcome of many start-up companies.The abundant capital and rich experience in management of venture capital is benefit for the promotion of performance and he development of he invested enterprise. But, the performance of more and more enterprise which has venture capital background will be in a sharp fall after venture capital exit.And some scholars put forward "China Net Center phenomenon".The exit of venture capital brings a negative impact on performance of invested enterprise, but the different exit time have different influence on performance. Therefore, this paper takes the most representative venture capital institutions which have the largest investment, investment ability as the research object, and have a research on the effect of performance on exit time of Shenzhen Capital Group.This paper classified the companies which listed during 2006-2010 according to different exit time of Shenzhen Capital Group.And I had a comparative analysis on three enterprises which have different on exit time. This paper is divided into three parts.The first part is introduction, in which I mainly introduced the research background and research significance of this article, literature review, research content and methods, the innovation of this article. In the second part,I introduce The theoretical foundation of exit time of venture capital and the selection of research indicators. In the third part, I had a case study on the effect of performance of invested enterprise on exit time of Shenzhen Capital Group. This part firstly introduced Shenzhen Capital Group, and classified the successful IPO companies according to the exit time And then this paper selected 3 invested enterprises according to the statistical situation. At the exit time of 1-3 years,3-4 years,more than 4 years, I selected Dongshan Precision, Zheng Meiji, Zhongke electric,then,I had a comparison of the 3 invested enterprises. The fourth part is the conclusion and limitations. This part Come to the conclusion according to the above Analysis, and then put forward suggestion which is benefit for the performance of investment enterprise.Finally, I pointed out the limitations.