Research on the Impact of Venture Capital on IPO Market Performance--An empirical analysis based on RESSET data

Hui Hu

School of Finance, Anhui University of Finance and Economics, Anqing, 233030, China

Abstract: This paper takes all listed companies from 2016 to 2018 as the research object, and selects several indicators of total assets, assets and liabilities and assets as control variables, taking the turnover rate and the change of the first day of listing as the measure. Quantitative analysis of the impact of venture capital on the IPO performance of listed companies in China. On the basis of empirical research and literature summary, relevant policy recommendations are put forward on the related problems of China's venture capital mechanism, which provides theoretical support for further promoting the healthy development of China's IPO market.

Keywords: Venture capital; Initial public offering; Market performance; Assets and liabilities; Asset weighting