Title :
Analysis on the growth of the ChiNext listed companies supported by venture capital
Author :
Junjing, Shen ; Zengrui, Tian
Author_Institution :
Glorious Sun Sch. of Bus. & Manage., Donghua Univ., Shanghai, China
Abstract :
With 22 new material listed companies on the ChiNext board as research samples, we build up a factor analysis model to evaluate their growth according to the characteristics of small and medium-sized high-tech companies as well as ones with high growth. Then we divide these sample companies into VC-backed companies and those that are not supported by VC to study empirically if VC has significant influence on enterprise´s growth through independent samples T-test. Accordingly this paper puts forward policy suggestions to regulate the VC behavior and promote the healthy development of the ChiNext board.
Keywords :
innovation management; organisational aspects; small-to-medium enterprises; venture capital; ChiNext board; ChiNext listed companies; T-test; VC-backed companies; enterprise growth; factor analysis model; small-and-medium-sized high-tech companies; venture capital; Companies; Finance; Monitoring; Supply chain management; Supply chains; Venture capital; ChiNext; factor analysis; growth potential; venture capital;
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Deng Leng
Print_ISBN :
978-1-4577-0535-9
DOI :
10.1109/AIMSEC.2011.6010734
