风险投资参与对上市公司信息披露质量的影响——基于中国创业板数据的实证研究

Proceedings of the 2nd International Conference on Economy, Management and Entrepreneurship (ICOEME 2019) Pub Date : 2019-06-01 DOI:10.2991/ICOEME-19.2019.32

Yu Jin

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引用次数: 0

摘要

本文基于2010 - 2017年中国创业板市场数据，研究风险投资参与对信息披露质量的影响。研究发现:风险投资的参与能够显著提高上市公司信息披露质量;不同产权的风险投资机构能有效提高信息披露质量，其中外资风险投资机构表现最好。本文的研究成果将为监管部门、投资者和创业板上市公司提供参考。Keywords-venture资本;信息披露;宝石;股票价格同步

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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The Impact of Venture Capital Participation on the Quality of Information Disclosure of Listed Companies Empirical Research Based on China GEM Data

Based on the data from the China Growth Enterprise Market during 2010 to 2017, this paper studies the impact of venture capital participation on the quality of information disclosure. The research finds that: the participation of venture capital can significantly improve the quality of information disclosure of listed companies; venture capital institutions with different property rights can effectively improve the quality of information disclosure, among which foreign venture capital institutions perform best. The research results of this paper will be a reference to the regulatory authorities, investors and GEM listed companies. Keywords—venture capital; information disclosure; GEM; stock price synchronization

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Proceedings of the 2nd International Conference on Economy, Management and Entrepreneurship (ICOEME 2019)

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