证券市场导报Issue(4)：64-69,76,7.
创业板公司IPO前后业绩变化及风险投资的影响
The Influence of VC on the Performance Change of GEM Companies before and after the IPO
梁建敏 1吴江1
作者信息
- 1. 首创证券有限责任公司研发部,北京100088
- 折叠
摘要
Abstract
Taking China GEM as the sample,we found that VC exerted positive influence on IPO performance.For the timing of listing,as China＇s market is till with the examination and approval system,there is no significant difference between with and without VC.With similar capital,companies with VC finance less than those companies without VC.Ordinary VCs introduce less capital than the state-owned VCs.VC-owned companies＇ operation performance is better than non-VC-owned enterprises.So there is significant positive effect of the involvement of VC into performance.In addition,most of the projects are in the hands of the government,the investment channel for good private capitals is narrow,therefore state-owned VC has obvious advantages and easily enters the market with lower risk.关键词
风险投资/IPO/创业板/经营绩效Key words
venture capital/IPO/China GEM/operation performance分类
管理科学引用本文复制引用
梁建敏,吴江..创业板公司IPO前后业绩变化及风险投资的影响[J].证券市场导报,2012,(4):64-69,76,7.
