Enterprises’ R&D Investment, Venture Capital Syndication and IPO Underpricing

Based on the data of companies that got ChiNext listed from 2009 to 2018, this paper empirically studies the relationship among R&D investment, venture capital (VC) syndication and IPO underpricing. It is found that there is a significant positive correlation between R&D investment and IPO u...

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Bibliographic Details
Main Authors: Xuemeng Guo, Kai Li, Siyi Yu, Bolu Wei
Format: Article
Language:English
Published: MDPI AG 2021-06-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/13/13/7290