Wan, Liangyong; Sui, Xin; Rao, Jing; Deng, Lai - In: China journal of accounting research : CJAR 17 (2024) 4, pp. 1-17
The latest business practice in the Chinese venture capital (VC) market involves the active participation of non-financial firms, as limited partners, in VC funds. Exploiting a unique hand-collected dataset from China, we find that economic policy uncertainty is positively related to the...