Xu, Sheng; Li, Yaoxiong; Ndinga, Durell Esperance Manguet - In: International Journal of Financial Studies : open … 12 (2024) 2, pp. 1-22
The establishment of government investment funds serves as a crucial measure for governments at all levels to leverage their certification role and financial resources in attracting social capital to support enterprise development. This paper empirically examines the guiding certification effect...