The Impact Of Private Equity Investment On The Operating Performance Of Listed Companies On The Science And Innovation Board

In recent years,China’s capital market has developed vigorously.Private equity investment institutions,as an emerging financial intermediary,are an important part of it,and the number has also achieved explosive growth.By the end of May 21 st,the scale of private equity funds under management has reached 10 trillion yuan.The State Council also attaches great importance to the development of private equity investment,requiring institutions to improve their positions and practice their internal skills.In addition to providing a new source of financing,private equity can help companies in many ways after the investment.In addition to improving corporate governance,the management system is empowered to help the company build information Bridges with suppliers and customers in the upstream and downstream industry chain,enhance the reputation and influence of the company in its field,and boost the development of the company.Compared with the rapid development of the private equity investment industry,relevant studies are relatively outdated.Although previous studies by domestic and foreign scholars have explained the impact of private equity investment on companies to a certain extent,the research sample range and policy background are greatly different,and the private equity industry in China develops slowly compared with foreign countries.The selection of samples is mostly concentrated in the small and mediumsized board market of Shenzhen Stock Exchange.The sample companies often have their unrepeatable particularity in business model and development path,and the research results are difficult to provide reference for the private equity investment industry.At the same time,the relevant domestic academic research Angle is limited,focusing more on the macro level,and there is no deeper research on the segmentation field.In this paper,on the basis of existing research,through the combination of theoretical analysis and empirical analysis research method,first explores private equity investment will affect kechuang board the operating performance of listed companies,the second to the overall shareholding private equity investment institutions,and cast the number to do further research on the listed company performance,Finally,the paper studies the differential impact of private equity investment.At the end of the paper,the conclusions obtained from the empirical analysis are summarized,and the reasons for the influence on the company’s business performance are further explored based on the above theories and influence mechanism.At the same time,it puts forward reasonable suggestions for the development of private equity investment in China and recommends some segments of industries suitable for private equity investment.