The principal-agent model in venture investment based on fairness preference

The fairness preference in the principal-agent relationship is a vital factor that can even determine the success or failure of one program. Under normal circumstances, the capital invested by VC is often several times that of EN, which is one of the reasons for the profit gap between EN and VC. The...

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Bibliographic Details
Main Authors: Dongsheng Xu, Qingqing Liu, Xin Jiang
Format: Article
Language:English
Published: AIMS Press 2021-01-01
Series:AIMS Mathematics
Subjects:
Online Access:http://www.aimspress.com/article/doi/10.3934/math.2021132?viewType=HTML