Proceedings of the 4th International Conference on Economic Development and Business Culture (ICEDBC 2024)

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Science and Technology Innovation Board IPO R & D Whitewashing and R & D Investment

Authors
Ruixi Chen1, *, Jia Heng1, Shichao Liu2
1Business School, Sichuan University, Chengdu, Sichuan, 610000, China
2School of Economics, Sichuan University, Chengdu, Sichuan, 610000, China
*Corresponding author. Email: 2855884153@qq.com
Corresponding Author
Ruixi Chen
Available Online 1 October 2024.
DOI
10.2991/978-94-6463-538-6_6How to use a DOI?
Keywords
Science and Technology Innovation Board; R & D whitewashing; R & D investment
Abstract

Science and Technology Innovation Board registration system brings opportunities for many scientific innovation enterprises which are not profitable at this stage but have good growth. However, in order to achieve the purpose of using policy dividends after listing, some IPO companies have carried out R & D manipulation. Taking all the companies that completed the listing audit from Science and Technology Innovation Board’s listing to June 31, 2022 as the initial research samples, this project explores whether Science and Technology Innovation Board listed companies have “R & D whitewashing” behavior before listing, and empirically analyzes the impact of R & D investment intensity on R & D whitewashing. The research shows that a high proportion of the companies listed in the application department do have R & D whitewashing behavior. Therefore, this study hopes to help investors guard against R & D whitewashing behavior and optimize the financial market through the intelligent identification of data.

Copyright
© 2024 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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Volume Title
Proceedings of the 4th International Conference on Economic Development and Business Culture (ICEDBC 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
1 October 2024
ISBN
978-94-6463-538-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-538-6_6How to use a DOI?
Copyright
© 2024 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.

Cite this article

risenwbib
TY  - CONF
AU  - Ruixi Chen
AU  - Jia Heng
AU  - Shichao Liu
PY  - 2024
DA  - 2024/10/01
TI  - Science and Technology Innovation Board IPO R & D Whitewashing and R & D Investment
BT  - Proceedings of the 4th International Conference on Economic Development and Business Culture (ICEDBC 2024)
PB  - Atlantis Press
SP  - 34
EP  - 42
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-538-6_6
DO  - 10.2991/978-94-6463-538-6_6
ID  - Chen2024
ER  -