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

Table 6

Variable lagged one period.

	(1)	(2)
	L.VC	−0.062	−0.140
	(−1.95)	(−3.60)
L.Age	−0.035	−0.054
	(−1.99)	(−2.45)
L.Size	0.011	0.058
	(0.68)	(3.04)
L.ROA	−3.608	−6.081
	(−11.11)	(−16.60)
L.Dual	−0.089	−0.174
	(−2.86)	(−4.67)
L.Audit	−0.244	−0.404
	(−3.11)	(−3.78)
L.BdSize	0.161	0.169
	(2.12)	(1.84)
L.Tqmed	−0.029	−0.088
	(−0.50)	(−1.22)
L.Cash	−0.079	−0.134
	(−4.36)	(−6.02)
Constant	−0.400	−1.093
	(−0.98)	(−2.32)
Observations	11998	12047
Year and industry	Yes	Yes
Pseudo R^2	0.035	0.046
AIC	11826.115	18162.879
Log likelihood	−5826.057	−8986.439

p < 0.10, p < 0.05, and p < 0.01.