Xue, Jin; Fei, Yiwen - In: China Finance Review International 6 (2016) 4, pp. 404-431
on the design of optimal contract dominated by venture capital with double-sided moral hazard and information screening … venture capital investment and researches on the optimal contract, considering double-sided moral hazard and adverse selection … enterprise’s future output, but also a certain amount of fixed income. The purpose of this paper is to examine the optimal …