Study On The Financial Management Efficiency Of Venture Capital To Toread Outdoor Products Co.,LTD.

Venture capital is the capital dropped into the failure of risky high-tech research and development field, aimed at promoting the growth of high-tech achievements as soon as possible and commercialization to reap high returns on investment process. The emergence of the GEM innovative and high-growth enterprises has brought benefits, while the mature development of the GEM also greatly promotes the development of those capital markets. However, due to GEM companies more in the formative years, with a smaller, unstable operating performance and other characteristics, showing in the process of developing a high degree of uncertainty, high growth and a high degree of information asymmetry and other characteristics, and risk investment as a relational financing, can not only provide financial support for the development of SMEs, and can use its rich experience and resources to participate in the management of SMEs, as the company’s strategic planning, internal governance structure, etc., can be propose effective recommendations, so as to enhance the company’s financial governance efficiency effect, venture capital structure and risk to achieve win-win business situation.Therefore, the impact of Venture Capital for GEM listed company’s financial governance efficiency, healthy and rapid development of the GEM listed companies has practical guiding significance. This paper selected the first batch of GEM listed companies with a significant investment in the risk governance Pathfinder Outdoor Products Co., Ltd. as a case study. Based on the previous reference literature research and risk management related to financial investments, expand the analysis of the financial governance of venture capital is proposed to be in-depth study of the problems and countermeasures.Through venture capital and financial governance theory analysis, combined with "Pathfinder" success stories, venture capital, analyzes the structure and effectiveness of the risk of investing in outdoor sporting goods company in financial management, Risk Investment Pathfinder outdoor supplies limited capital structure, organizational structure and financial power structure of the company after the three aspects of analysis and comparison, pointed out the negative and the positive impact of investment risk factors in financial governance Pathfinder company and the company’s peers, and finally put forward corresponding countermeasures; aimed at improving venture capital companies involved in the efficiency of financial management. Through macro and micro theoretical cases a combination of methods within a unified logical framework analysis of venture capital companies in the Pathfinder’s financial governance effectiveness, and finally put forward a comprehensive venture capital company of Pathfinder outdoor sports and corporate finance summary and recommendations for improvement of governance.