Research On The Impact Of Private Equity Investment On The Technological Innovation Ability And Environmental Performance Of Listed Companies

The building of the Technology and Science Innovation Board is a key innovation of my country’s financial system on the road of market economy development,pioneering small and medium-sized private enterprises have obtained a new financing roadmap.This board can expand the fundraising channels of leading private SMEs and expand their fundraising channels.Especially as the domestic primary financial market continues to flourish,private capital investment slowly become the backbone of the domestic primary stock investment market.In the process of enlisting soldiers and growth ventures for small and micro enterprises,PE investors play an increasingly important role.PE investment institutions take "retirement" as the entry point of interests,and use several channels in the "investment" and "management" processes to availably guarantee and continuously improve the ultimate target return.Due to the infiltration of paradigms such as "manufacturing but also innovation" and "continue",the global environmental problem is becoming a mess.When considering the final income,on the one hand,we should consider the operation of the enterprise,on the other hand,we should also consider the performance of responsibilities.It is also critical to think over the corporation’s own technological innovation abilities and environmental performance,which directly affect the market’s assessment of the future aggregate value of the invested company.Therefore,The article pioneered from the long-term development of the enterprise,and selected the enterprise’s technological innovative and ecological potential performance as a perspective and starting point to explore,and tapped PE shares to connect with the invested enterprise.This article focuses on the meaning of reality.Private Small and Medium Pioneers enterprises are indispensable support objects that will help my country enter the country of scientific and technological innovation.Therefore,the author prefers manufacturing corporation listed on the Science and TIB as research samples.The core goal is to analyze whether PE(including VC)stock investment can increase the efficiency of Power in developing research and development enterprises,and whether it can continuously strengthen the environmental performance of enterprises in the process of enterprise growth incubation.The article is the first to identify relevant theories and methods that are closely related to the research questions and have a major guiding role.Under the condition of building a basic theory of the article,it summarizes the impact of domestic and foreign PE investment on listed corporations,research on technological innovation abilities,Environmental performance research and other literatures,combined with the nowadays’ China’s local conditions and the market and institutional characteristics of the stage of domestic capital market development,conduct a mechanism analysis of how private equity investment affects the technological Innovation capabilities and environmental performance of manufacturing companies,and make a conclusion Assumptions lay a solid foundation for the empirical evidence below the article.The article carried out preliminary raw data cleaning and data processing for all enterprises with manufacturing attributes in the Science and Technology Innovation Board,and then adopted the basic EDA——DS descriptive statistical analysis,Pearson correlation coefficient test and score group through multivariate linear OLS Approach,steadily and gradually think about how PE(including VC)stock investment affects the scientific and technological innovation strength and environmental performance of the manufacturing industry listed on the Science and Technology Innovation Board.In the process of considering whether the conclusion of the article is robust,the article introduces sampling regression and classification or regression methods in machine learning to analyze the data.The results show that PE(including VC)stock investment and its heterogeneous characteristics(such as shareholding ratio,duration,total number of interventions,etc.)are beneficial to different degrees in improving the scientific and technological innovation strength and environmental protection performance of the invested companies and optimization.The research results of this paper provide guidance and suggestions for the future development of the domestic capital market in the research community,contextual support for examining the impact of PE(including VC)equity investments on listed companies,and research perspectives enriches the.Provide practical suggestions to institutions,businesses and governments concerning PE equity investments.