Open AccessThe Role of Ownership Structure and Venture Capital Intervention in Enterprise Performance
Author(s) -
Ruipeng Gu
Publication year - 2021
Publication title -
bcp business and management
Language(s) - English
Resource type - Journals
ISSN - 2692-6156
DOI - 10.54691/bcpbm.v15i.233
Subject(s) - business , venture capital , social venture capital , intervention (counseling) , sample (material) , positive relationship , balance (ability) , positive correlation , investment (military) , industrial organization , accounting , finance , psychology , social psychology , medicine , chemistry , chromatography , psychiatry , politics , political science , law , physical medicine and rehabilitation
This paper selects the 2010-2017 Shenzhen Growth Enterprise Market listed companies as a sample, and uses empirical analysis methods to study the relationship between ownership structure, venture capital intervention and corporate performance. The research results show that: the concentration of ownership and corporate performance. There is a significant negative correlation between the ownership balance and corporate performance; there is a significant positive correlation between venture capital intervention and corporate performance; venture capital intervention can significantly weaken the concentration of ownership and corporate performance. The relationship between venture capital investment can significantly enhance the relationship between the degree of ownership checks and balances and corporate performance.