Empirical Analysis of the Impact of VC/PE Shareholding Ratio on Enterprise Valuation--take Science and Technology as Examples

DOI

10.2991/978-94-6239-801-6_74How to use a DOI?

Keywords

Enterprise Valuation; VC/PE Financing; Private Equity Investments

Abstract

Along with the diversified development of capital market, Venture Capital/Private Equity (VC/PE) Financing becomes an important funding sources of startups and growth businesses, providing financial support for enterprises to play a key role in the company’s strategic planning and resource allocation. As the core basis of transaction pricing and investing decision evaluation, the relevance between enterprise valuation and Venture Capital/Private Equity (VC/PE) financing ratio is also the focus of capital market attention. This paper selects Venture Capital/Private Equity (VC/PE) shareholding ratio as the core explanatory variable, enterprise market value and P/E ratio as the explanatory variable. This research uses descriptive statistics, correlation analysis, linear regression analysis and other methods to clarify the relevance between Venture Capital/Private Equity (VC/PE) shareholding ratio and enterprise valuation. Selecting 39 Chinese technology enterprises, it is found that the proportion of Venture Capital/Private Equity (VC/PE) holdings itself is significantly negatively correlated with market value, and is significantly positively correlated with market value after adding control variables.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Xuefei Wang
PY  - 2026
DA  - 2026/10/23
TI  - Empirical Analysis of the Impact of VC/PE Shareholding Ratio on Enterprise Valuation--take Science and Technology as Examples
BT  - Proceedings of the 2026 2nd International Conference on Financial Innovation and Marketing Management (FIMM 2026)
PB  - Atlantis Press
SP  - 702
EP  - 710
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-801-6_74
DO  - 10.2991/978-94-6239-801-6_74
ID  - Wang2026
ER  -