西部论坛
西部論罈
서부론단
West Forum
2012年
1期
29~36
,共null页
风险投资基金 政府引导基金 基金治理结构 创业风险投资 基金管理机构 母基金 基金监管
風險投資基金 政府引導基金 基金治理結構 創業風險投資 基金管理機構 母基金 基金鑑管
풍험투자기금 정부인도기금 기금치리결구 창업풍험투자 기금관리궤구 모기금 기금감관
venture capital; government-guided fund; fund management structure; entrepreneurship risk investment; fund management agency; mother fund; fund supervision
我国的政府引导基金已经粗具规模,但是其发展中还存在政府定位出现偏差、监管效率和投资效率低下、缺乏人才培养和激励机制等问题,治理结构上也存在代理人薪资水平较低、缺乏基金管理人业绩信息、动态调整和参与方利益协调困难等问题。可成立国家引导基金和小企业发展管理局,从中央部委、大型国有企业和地方政府三个层面建立政府引导基金体系,并通过优化公司治理结构,解决资金短缺、监管模糊等一系列问题,以促进我国政府引导基金的健康快速发展。
我國的政府引導基金已經粗具規模,但是其髮展中還存在政府定位齣現偏差、鑑管效率和投資效率低下、缺乏人纔培養和激勵機製等問題,治理結構上也存在代理人薪資水平較低、缺乏基金管理人業績信息、動態調整和參與方利益協調睏難等問題。可成立國傢引導基金和小企業髮展管理跼,從中央部委、大型國有企業和地方政府三箇層麵建立政府引導基金體繫,併通過優化公司治理結構,解決資金短缺、鑑管模糊等一繫列問題,以促進我國政府引導基金的健康快速髮展。
아국적정부인도기금이경조구규모,단시기발전중환존재정부정위출현편차、감관효솔화투자효솔저하、결핍인재배양화격려궤제등문제,치리결구상야존재대리인신자수평교저、결핍기금관리인업적신식、동태조정화삼여방이익협조곤난등문제。가성입국가인도기금화소기업발전관리국,종중앙부위、대형국유기업화지방정부삼개층면건립정부인도기금체계,병통과우화공사치리결구,해결자금단결、감관모호등일계렬문제,이촉진아국정부인도기금적건강쾌속발전。
China's government-guided fund has initial scale but its management has the problems such as deviation in government position,low monitoring efficiency and investment efficiency,insufficient talent cultivation mechanism and incentive mechanism and so on,and its management structure has the problems such as low compensation of the agencies,inadequate performance information of fund managers,difficult dynamic adjustment and interests coordination of related departments and so on.China should set up nation-guided fund and small enterprise management bureau,create government-guided fund system from such three levels as central government ministries,big state-owned enterprises and local governments,solve a series of problems such as capital deficiency,supervision fuzziness and so on by optimizing company management structure so that China's government-guided fund can be boosted to smoothly and rapidly develop.