A Study of Influence Factors of Syndication of Private Equity Investment Institutions in China

DOI

10.2991/ssehr-17.2018.132How to use a DOI?

Keywords

private equity investment; investment strategy; corporate growth

Abstract

Using data from January 1, 2000 to May 12, 2017 in PEdata, as well as Logit regression model and Poisson regression model, we examined influence factors of syndication from two aspects: private equity (PE) investment institutions and invested firms. It was found that from the perspective of invested firms, early-stage firms were more likely to accept syndication than later-stage firms. Innovative firms were more likely to accept syndication. From the perspective of investment institutions, state-owned investment institutions were less likely to adopt syndication and state-owned investment institutions didn't play a regulatory role between the characteristics of invested firms and formation of syndication.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Lihong Wang
AU  - Baofeng Chen
PY  - 2018/02
DA  - 2018/02
TI  - A Study of Influence Factors of Syndication of Private Equity Investment Institutions in China
BT  - Proceedings of the 6th International Conference on Social Science, Education and Humanities Research (SSEHR 2017)
PB  - Atlantis Press
SP  - 604
EP  - 610
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssehr-17.2018.132
DO  - 10.2991/ssehr-17.2018.132
ID  - Wang2018/02
ER  -