Fig. 20
From: The role of innovation-led profits in the development of an international financial centre
Source: Wang and Wang (2011)
Chinese Industrial Magnates, Rather than VC Specialists Make for the Best. The figure shows the extent to which the factors shown affect a Chinese company’s prospects of going IPO. We have changed the scale for this logit regression—to make more clear that an effect of 100% or more means that the probability of going IPO changes by one standard deviation or more.