An Empirical Study Of Factors Influencing The Performance Of Equity Financing

In recent years,with the development of information technology and Internet technology,the Internet financial model is rapidly rising and developing rapidly.As a major branch of the public financing industry,the total financing amount of the stock right Is 14 billion 220 million yuan in 2017,accounting for the 65.9%of 21 billion 578 million yuan for the financing of the whole industry.After the explosive growth in 2015,hundreds of shareholding platforms were almost overnight,and Internet giants also stepped in.According to the data of crowd financing home,there are more than 300 equity crowd raising platforms when the industry reaches its peak.However,this "tuyere" has begun to become cold since then,many platforms in the industry have begun to transform private funds or return to traditional venture capital institutions,and many large shareholding platforms are no longer on new projects and are basically "dormant".But as regulators are committed to accelerating the construction of multi-level capital market,the equity crowd raising industry will gradually clear its own direction of development.The public equity industry has not been well developed,mainly because it does not give full play to the advantages of the Internet,In the future,if small and micro enterprises,unlisted opportunities and non equity financing channels are used as service objects,the financing channels of capital market will be supplemented,and the coverage of projects and users will be expanded.It is the future direction of the industry.As a part of the multi-level capital markets the development cdirection of the equity market is becoming clearer.Based on the data of public investment States,36 krypton,love investment,and the four platforms of the Jingdongms host,this paper finds out the existing problems on the management,platform,investment,investors and other aspects of thae corresponcding platform in the operation process,and analyzes the reasons for the existence of the platform in the process of operation.The main part of the article makes factor analysis on the acquired data,eliminates the nmultivariate collinearity among the variables,and uses the four factors after reducing the dimension as the independent variable to carry on the follow-up study.The results show that the financing performance of the three indexes of the capital information,the external attraction and the human capital after reducing the dimension of the dimension The effect has a significant positive impact;on the contrary,project risk has a significant negative impact.On this basis,according to the division of industry and platform,the paper studies the factors affecting the financing of various industries and platforms,and the results are basically consistent with the results of the multiple linear regression of the main effect.But the difference is that the financial information has no obvious influence on the financing performance of culture;sports and entertainment industry.Similarly,financial information has no significant impact on the financing performance of the two platforms and the two platforms of Jingdong.At the end of the article,based on the above research results,the author,starting with the government supervision,the public equity platform and the financing projects,puts forward several effective suggestions on the healthy development of the stock right in order to promote the healthy development of the industry for a long time.