Monitoring and Analysis of Venture Capital and Corporate Fraud Based on Deep Learning

Table 1

Variable definitions.

Variable name	Symbol	Description
Main variable
Corporate fraud		The dummy variable, is set to 1 if there is corporate fraud, otherwise it is 0
Fraud frequency		Count variable, corporate fraud frequency
Venture capital		The dummy variable, is set to 1 if the VC holds the shares of companies in the current year, otherwise it is 0
Control variable
Audit quality	Audit	The dummy variable, is set to 1 if audit institutions are big 4 accounting firms, otherwise it is 0
Company size	Size	Natural logarithm of total assets
Performance variable	Roa	Return on assets (ROA)
Board size	Bdsize	The logarithm of the number of directors by the end of the year
CEO duality	Dual	The value is set to 1 if the roles of the CEO and the chair of the board are combined, otherwise it is 0
Years of being companies	Age	The logarithm of years of being companies
Industry confidence	Tqmed	Median of TobinQ of all companies in the same industry by the end of the year
Industry dummy variable	Industry	Classified according to the industry classification standard of the China securities regulatory commission (CSRC) in 2012
Year dummy variable	Year	Year dummy variable