published_or_final_version / Business Administration / Master / Master of Business Administration

by Wan Chui-wan Susan, Kwan Shiu-keung Ronald. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1994. / Includes bibliographical references (leaves 76-78). / ABSTRACT --- p.i / TABLE OF CONTENTS --- p.iii / LIST OF ILLUSTRATIONS --- p.v / LIST OF TABLES --- p.vi / ACKNOWLEDGEMENT --- p.vii / CHAPTERS / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- METHODOLOGY --- p.7 / Research Strategy --- p.7 / Interview Generation --- p.8 / Interview Description --- p.9 / Research Limitation --- p.10 / Chapter III. --- ENVIRONMENT ： CAPITAL MARKET IN CHINA --- p.13 / Economy in China --- p.13 / Industry --- p.15 / Unification of Exchange Rate --- p.17 / Tax Reform --- p.18 / Stock Market Development in China --- p.19 / Chapter IV. --- VENTURE CAPITAL INVESTMENT IN CHINA --- p.22 / Chapter V. --- A MODEL OF ANALYSING VENTURE CAPITALIST'S INVESTMENT ACTIVITY --- p.25 / Comparison of four Different Decision Models --- p.28 / Tyebjee and Bruno Decision Model --- p.31 / Deal Origination --- p.32 / Screening --- p.32 / Evaluation --- p.33 / Deal Structuring --- p.33 / Post-investment --- p.34 / Chapter VI. --- AN ANALYSIS OF THE VENTURE CAPITAL INVESTMENT ACTIVITY IN PRC --- p.37 / Step 1 一 Deal Origination --- p.37 / Step 2 - Screening --- p.40 / The Size of the investment and the investment policy of the venture fund --- p.40 / Geographic Location --- p.44 / Stages of Financing --- p.45 / Industry Preference --- p.46 / Step 3 - Evaluation --- p.47 / Venture Evaluation Criteria --- p.48 / Information Validation Mechanism --- p.51 / Step 4 - Deal Structuring --- p.53 / Pricing of the deal --- p.54 / Protective covenants --- p.54 / Equity stakes among different investors --- p.56 / Step 5 - Post-investment Activities --- p.56 / Chapter VII. --- THREATS AND OPPORTUNITIES FOR VENTURE CAPITALISTS IN PRC --- p.59 / "Accounting, Auditing and Financial Reporting Standards" --- p.59 / "China Stock Market, Corporate and Securities Law" --- p.60 / Competition With Other Venture Capitals and Corporate Investors --- p.61 / Exchange Rate Movement --- p.62 / Political Instability --- p.63 / Chapter VIII . --- CONCLUSION --- p.64 / APPENDIX / Chapter I. --- OUTLINE OF THE INTERVIEW QUESTIONS --- p.66 / Chapter II. --- MAP OF CHINA'S COASTAL CITIES --- p.74 / BIBLIOGRAPHY --- p.76

published_or_final_version / abstract / China Development Studies / Master / Master of Arts

by Leung Chun Ming, Timothy, Sau Chi Ming. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1998. / Includes bibliographical references (leaves 74-75). / ACKNOWLEDGEMENT --- p.iii / ABSTRACT --- p.iv / TABLE OF CONTENTS --- p.viii / LIST OF TABLES AND ILLUSTRATIONS --- p.x / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Background --- p.1 / Project Objectives --- p.2 / Definitions --- p.3 / Nature of Venture Capital --- p.5 / Stages of Development --- p.6 / Advantages of Bring in Venture Capital --- p.8 / Venture Capitalist Activities --- p.10 / Investment Environment in China --- p.11 / Venture Capital Investment In China - General Background --- p.13 / Chapter II. --- RESEARCH METHODOLOGY --- p.16 / Literature Review --- p.16 / Preliminary Interviews --- p.17 / Survey Research --- p.17 / Follow up Interviews --- p.21 / Research Limitations --- p.21 / Chapter III. --- an analysis of the venture capital investment activities IN PRC --- p.22 / Profile of Respondents --- p.25 / Representativeness of Respondents --- p.27 / Step 1: Deal origination --- p.28 / Step 2: Screening --- p.30 / Step 3: Evaluation --- p.41 / Step 4: Deal Structuring --- p.49 / Step 5: Post-investment activities --- p.56 / Chapter IV. --- conclusion --- p.59 / apprenddc - questionnaire --- p.67 / bibliography --- p.74

by Chang Wai Kwan, Vincent. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1999. / Includes bibliographical references (leaf 157). / ABSTRACT --- p.5 / INTRODUCTION --- p.6 / METHODOLOGY --- p.11 / FOREIGN DIRECT INVESTMENT IN CHINA --- p.12 / Overview --- p.14 / China Industrial Development & Invitation to Foreign Investors --- p.18 / Driving force for China's industrial development --- p.18 / Evolution of China's industrial policy --- p.18 / China's Framework of National Industrial Policies in the 1990s --- p.20 / China's Ninth Five Year Plan (1996-2000) --- p.21 / Declining Attraction to Foreign Investors? --- p.23 / Cooling of the China Mania --- p.24 / Investment Rationale and Concerns for China Direct Investments --- p.26 / The Paradigm Change for China Direct Investment --- p.27 / How to Maintain China's Competitiveness to Foreign Investors --- p.31 / Chapter 1. --- Stable Economic and Political Environment --- p.32 / Chapter 2. --- Favourable Operating Condition --- p.37 / Chapter 3. --- Transparent Government Policy --- p.38 / Chapter 4. --- Disintegration of Government Political and Business Interests --- p.40 / The Roads Ahead for China --- p.44 / China's WTO Entry --- p.48 / China's World Trade Organisation market access concessions --- p.50 / What WTO entry means for the PRC reform process --- p.52 / To invest in China or not?! --- p.55 / VENTURE CAPITAL BASICS --- p.57 / Industry Growth in the States --- p.59 / The First Wave --- p.60 / The Subsequent Waves --- p.61 / Private Equity Investment Returns and Increasing Popularity --- p.61 / The source of venture capital funds --- p.63 / The Asian Migration --- p.66 / The Emergence of Asian Pioneers --- p.67 / The China Fund Crusaders --- p.73 / First Wave (1986- 1991) --- p.74 / Second Wave (mid-1992) --- p.75 / Third Wave (1993) --- p.76 / Fund management firms --- p.78 / What Entrepreneurs don't Know about Venture Capital --- p.79 / Common Deals Structure and Patterns of Investments --- p.81 / Looking into the Future --- p.81 / Overview of Venture Capital in China --- p.84 / Sources of Venture Capital Funding --- p.84 / Disbursement of Funds --- p.85 / Problems facing VC firms --- p.85 / Conclusion --- p.86 / THE CAPITAL GAP --- p.88 / Asian Emerging Businesses Offer Venture Capital Opportunities --- p.91 / China Business Strategy and Outlook for Venture Capitalists - a SME perspective --- p.92 / Rooting the Finance Gap for SMEs --- p.95 / What do Banks Look for in Making a Small Business Loan? --- p.96 / Venture Capital as a potential alternative financing --- p.97 / Entrepreneurs' Misconceptions for the Venture Capitalists --- p.99 / How Venture Capitalist can help --- p.100 / "Five Stages of Small Business Growth"" model" --- p.101 / Does this business idea work? --- p.102 / Scaling up business operations --- p.102 / Fostering the corporate infrastructure as a platform of growth --- p.103 / Reducing risk level and dynamic financing needs --- p.103 / Linking Financing Needs and Stages of Business Development --- p.106 / Key Investment Concerns of Venture Capitalists --- p.109 / Gap Bridging: Self-Evaluation for Business Plans --- p.111 / Key Elements in Structuring a Private Equity Deal --- p.113 / Partnering with Venture capitalists: a Win-Win situation --- p.113 / Financial Impact on Investee Company --- p.114 / Financial Impact on Investor / Shareholder --- p.115 / Appendix I: Alternative Non-Bank Financing --- p.116 / INDUSTRY ANALYSIS --- p.118 / Michael Porter's Structural Analysis of Industries --- p.120 / Michael Porter's Five-Forces Model --- p.121 / Industry Structure and Equilibrium --- p.122 / Chapter [a] --- Industry Rivalry Factors --- p.123 / Chapter [b] --- Entry Barriers --- p.126 / Chapter [c] --- Substitution Threat Determinants --- p.128 / Chapter [d] --- Suppliers (investee) Bargaining Power Determinants --- p.129 / Chapter [e] --- Buyer (venture capitalists) Bargaining Power Determinants --- p.130 / Refining Michael Porter's Model and Incorporating China Elements --- p.132 / Value and Management --- p.133 / Putting Competitive Strategy into Action --- p.136 / Legal and Regulatory Environment --- p.136 / Legal Aspects of Joint Venture Restructuring --- p.137 / Merger and Acquisitions Opportunities Ahead --- p.141 / Foreign Acquisition of State-Owned Enterprises --- p.141 / Sum Up: Legal Aspects of China Investment Projects Structuring --- p.142 / LESSONS LEARNED --- p.143 / Critical Success Factors for Venture Capital Houses Operating in China --- p.144 / Chapter 1. --- Looks for proven service concepts that can be transplanted into China --- p.144 / Chapter 2. --- Team up with local or foreign industrial partner --- p.145 / Chapter 3. --- Conduct extensive market research --- p.146 / Chapter 4. --- Legal concerns (investment retractions & regulatory frameworks).… --- p.147 / Chapter 5. --- Undertake extensive pre-acquisition due diligence --- p.147 / Chapter 6. --- Maintain active and supportive oversight of investees --- p.148 / Prescription for a Model Venture Capital Investment House --- p.148 / Road-map for a 21st Century Investment House --- p.149 / Chapter 1. --- Focused investment strategy --- p.151 / Chapter 2. --- Global direct investment presence and team-up with industrial operators --- p.152 / Chapter 3. --- Support market leaders and domestic rising star --- p.152 / Chapter 4. --- Multi-facet exit mechanism --- p.153 / Chapter 5. --- Responsive and prompt decision making process --- p.153 / Chapter 6. --- Building deal flow and entrepreneurs networks --- p.154 / Chapter 7. --- Brand recognition --- p.155 / Final Words --- p.155 / BIBLIOGRAPHY --- p.157

published_or_final_version / Law / Doctoral / Doctor of Philosophy

by Lam Shiu-wing. / Bibliography: leaves 56-57 / Thesis (M.B.A.)--Chinese University of Hong Kong, 1985

Au Yeung Kin Cheong Dennis and Leung Koon On Albert. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1987. / Bibliography: leaves 128-131.