Venture capital, control rights, and family enterprise growth.
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ABSTRACT:
SUBMITTER: Pang X
PROVIDER: S-EPMC8372913 | biostudies-literature | 2021
REPOSITORIES: biostudies-literature
Publications
Venture capital, control rights, and family enterprise growth.
PloS one 20210818 8
This research explores and explains the path of family enterprise venture capital equity financing from the perspective of endogenous family control rights. We adopted unbalanced panel data on Chinese listed companies from 2007 to 2018. Empirical research shows that there are significant differences in the impact of venture capital on the growth performance of family enterprises and non-family enterprises. Venture capital negatively affects the growth performance of family enterprises, while the ...[more]
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