Can venture capital shareholding improve M&A performance? An empirical study based on Chinese GEM-listed companies.

ABSTRACT: Existing studies have explored the impact of venture capital shareholding on the GEM-listed companies before and after listing from multiple perspectives. However, there has been limited research on the influence of venture capital shareholding on these companies' mergers and acquisitions(M&A) activities and performance. Additionally, two conflicting research findings have been presented in limited relevant studies. In order to clarify the mechanism by which venture capital shareholding affects M&A activities and performance of GEM-listed companies and verify existing research conclusions, this paper takes 468 M&A events completed by the acquirer of China's GEM-listed companies between 2014 and 2016 as samples to explore venture capital shareholding's effects on the M&A performance of GEM-

SUBMITTER: Chao K 

PROVIDER: S-EPMC11326578 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature