Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)

Are Green Technology Enterprises More Attractive to Venture Capital? Based on the Empirical Study of Listed Companies on GEM in China

Authors
Dazhi Chu1, Yingshan Zheng1, *
1School of Management, Shenzhen University, 518061, Shenzhen, Guangdong, China
*Corresponding author. Email: zhengyingshan2019@email.szu.edu.cn
Corresponding Author
Yingshan Zheng
Available Online 29 December 2022.
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.

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Volume Title
Proceedings of the 2022 International Conference on mathematical statistics and economic analysis (MSEA 2022)
Series
Advances in Computer Science Research
Publication Date
29 December 2022
ISBN
10.2991/978-94-6463-042-8_136
ISSN
2352-538X
DOI
10.2991/978-94-6463-042-8_136How to use a DOI?
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  -