Are Green Technology Enterprises More Attractive to Venture Capital? Based on the Empirical Study of Listed Companies on GEM in China
- DOI
- 10.2991/978-94-6463-042-8_136How to use a DOI?
- Keywords
- venture capital; green technology; preference
- Abstract
Venture capital is an important channel for enterprises to relieve the financing pressure of technological innovation activities. It is of great significance to evaluate the impact of green technology and non-green technology signals on venture capital to promote green development in China. Thus, this paper takes the GEM listed companies from 2009 to 2020 as samples to analyze whether venture capital has a preference for the "green technology" of enterprises from the perspective of technological innovation. It is found that compared with non-green technology enterprises, green technology enterprises are more likely to obtain venture capital, and the enterprise scale, asset-liability ratio, the proportion of the largest shareholder and the state-owned nature of the enterprise will affect the possibility of obtaining venture capital.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Dazhi Chu AU - Yingshan Zheng PY - 2022 DA - 2022/12/29 TI - Are Green Technology Enterprises More Attractive to Venture Capital? Based on the Empirical Study of Listed Companies on GEM in China BT - Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022) PB - Atlantis Press SP - 959 EP - 965 SN - 2352-538X UR - https://doi.org/10.2991/978-94-6463-042-8_136 DO - 10.2991/978-94-6463-042-8_136 ID - Chu2022 ER -