Research Article

The Impact of Venture Capital on the Growth of Small- and Medium-Sized Enterprises in Agriculture

Table 5

Effect of venture capital on the solvency of SMEs.

Dependant variableCASHCLCR
Model 1Model 2Model 1Model 2

Constant1.112 (16.538)1.112 (16.538)2.444 (5.621)1.201 (11.579)
DumVC0.743 (3.094)
DumVC10.386 (2.640)
DumVC20.741 (4.762)
DumVC31.21 (5.088)
DumVC42.514 (14.912)
TA
Time
ALR−1.548 (−12.691)−1.548 (−12.691)−2.199 (−3.347)
Zindex−0.013 (−1.775)
F value161.055161.05525.14862.545
Adjusted R20.8040.8040.5530.888

Note. ; ; . Source: authors’ elaboration.