In this paper, we empirically examine the impact of venture capital investment on the dividend policy of the invested companies using a sample of list companies from China's ChiNext market during the period 2014 to 2019. Our empirical results show that different types of VC investments have...

In the context of the Chinese market, foreign cross-border venture capitalists have devised specific strategies to mitigate the challenges associated with the liabilities of foreignness, such as risks and information asymmetry. They have strategically leveraged social capital to not only...