Abstract:Venture capital is an essential financing option for small and medium-sized enterprises, especially high-tech enterprises. The sustainable development of enterprises is of great significance for promoting the high-quality growth of the economy. In this paper, Chinese-listed companies supported by venture capital from 2002 to 2022 are taken as the research sample. Semiparametric and nonparametric methods are adopted to explore the long-term impact of venture capital on the sustainable development of Chinese ent… Show more
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