Risk Of Investment Ownership Structure Financial Governance Research

Venture capital is that the modern economics and society arrangement for the new system of fostering the new high-tech enterprise. The development of the venture capital is essential to enhance the economics. The potential of the venture capital has not affect on the economics. The imperfect system of finance governance is one of the factors to hinder the development of the venture capital. Finance government is the basement for the venture capital well running. Ownership structure is the basement of the surplus control right, the surplus demand right and the corporate governance. Finance governance is important to promote the development the venture capital from the view of ownership structure.The theory of principal-agent and finance governance is the basement. The process of the venture capital existence two principal-agent relationship, one is between the investor and the venture investor, another is between the venture investor and the venture enterprise. The different ownership structures impact the capability and the motivation for the shareholders, which will influence the corporate performance. This thesis discussed about the ownership structure and finance governance, the impacts on the ownership structure and finance governance by the listed venture enterprises. Through the SPSS, the relationship between the venture investor and the venture enterprise is obviously. The purpose of the thesis d is to construct administration mechanisms among the investor, the venture investor and the venture enterprise. The structure of the ownership can firm the relationship and be good for the venture enterprise.