The Role of the Venture Capitalist as Monitor of the Company: a corporate governance perspective
本文从公司治理角度分析风险投资家对高科技创业公司的监督作用,基于文献和比利时风险投资家的经验,揭示积极所有者可扮演的多种角色。
The monitoring and stewardship role of the owner is an important corporate governance issue that deserves far more attention. Our analysis focuses on the role of the venture capitalist (VC) as monitor of high–tech venture–backed companies. We provide evidence from the literature as well as a qualitative descriptive view of the experiences of Belgian VCs. The position of the VC sheds more light on the plenitude of roles an active owner can play. Furthermore, our findings highlight the need for a better understanding of the governance structure and processes of high–tech companies.