摘要
从2015年国内新三板上市的960家江苏省上市公司中,选取有私募基金参与的203家公司为样本,分析企业特征、私募股权参与与企业成长性的关系。结果发现,PE声誉指数、PE是否联合投资、PE持股比例、管理层获酬率、股权融资率、技术创新能力、研发能力、短期融资能力与企业成长呈正相关,而管理层持股比例、管理者能力、内源融资率与企业成长呈负相关。
In this paper, we selected 203 Companies with PE involvement from 906 New over-the-counter market listed Companies in Jiangsu province in 2015 as a sample, and analyzed the relationship between firm characteristics,PE involvement and enterprise growth. Finally, we found that PE＇ reputation, Whether PE joint investment, The proportion of PE ownership, Management＇ s rate of return, Equity financing rate, Ability of Scientific and technological innovation, capability and Short-term financing ability are positively correlated with the growth of the enterprise.But the proportion of Management ownership, Managerial ability, Source financing rate and business growth was negatively correlated.
出处
《经济研究导刊》
2018年第7期107-109,共3页
Economic Research Guide
关键词
私募基金
企业特征
企业成长性
新三板
private equity
enterprise characteristics
enterprise growth
NEEQ
