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Ecological Agriculture Risk Investment Common Financial Governance Mechanism Research

Posted on:2017-03-22Degree:MasterType:Thesis
Country:ChinaCandidate:X T HanFull Text:PDF
GTID:2349330503464680Subject:Accounting
Abstract/Summary:PDF Full Text Request
As an international agricultural country, China is the issue of agriculture nature is highly attaches great importance to the national strategic issue, the central committee of the communist party of China from 4 years to 15 years for 12 times to release the "three rural issues" document "number one", aims to promote the development of agriculture. The emergence of national agricultural science and technology innovation system and the development of agricultural industrialization of high and new technology for agricultural development has brought the new opportunity, but compared to traditional agriculture, ecological agriculture high and new technology industry with more advanced, long-term and risky, high investment can bring high profit at the same time also has a high risk. General industry financing channels is difficult to meet the characteristics of it, so the shortage of funds has become the biggest bottleneck of the development of ecological agriculture industrialization of high and new technology. High-tech industrialization of ecological agriculture in developed countries has been mature, their experiences show that venture capital has given rise to the industrialization of high technology products, from the capital support level promoted the transformation of scientific and technological innovation and technological achievements. In recent years, the venture capital in our country into the agricultural ecological agriculture, in particular, investment scale is also rising, investment fields are expanded, the venture capital to enter, change makes the management of enterprises, financial allocation as a new problem, the emergence of financial governance mechanism and the application together, find the balance point for this contradiction.At first, this paper carefully studied the principle and common financial management into the exit of venture capital mechanism, analyzes in detail the research achievements of domestic and foreign scholars, from the Angle of stakeholders jointly participate in financial management case analysis, the three parties stakeholders including initial investors, venture capital institutions and venture capital companies. To small and medium-sized board ecological agricultural enterprises as the research object, from the 12 listed company qualified targeted screening, selected three features obvious risk investment companies, the three companies are respectively Jin Zhengda(002470), SiErTe(002538) and Berkeley biochemical(002513).Then respectively analyze the risk investment joint financial management mechanism in the application of the three ecological agricultural enterprises, participation of the three parties, principle and path, and the influence of the development of the enterprise. Based on cash flow rights on the basis of analysis about the present situation of the company's financial management, find the common financial governance mechanism of the development status and existing problems, and put forward the corresponding countermeasures.
Keywords/Search Tags:Financial management, Risk investment, The common governance, Cash flow rights, Ecological agriculture
PDF Full Text Request
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