期刊文献+

风险投资声誉对上市公司IPO抑价和长期业绩的影响

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摘要 本文以2006—2010年深圳中小板上市的风险投资支持企业为样本,实证研究了风险投资机构的声誉对其支持企业的IPO抑价以及上市后长期业绩的影响。研究结果显示:风险投资声誉对IPO抑价无显著影响,低声誉的风险投资存在着过早将所支持企业推向IPO市场的动机;风险投资声誉与被投资企业的长期业绩具有显著的正相关关系;风险投资支持的企业上市后的经营业绩均出现了下滑,但是高声誉风险投资支持的企业业绩下滑程度更小。
出处 《海南金融》 2013年第9期72-77,共6页 Hainan Finance
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