Empirical Analysis of the Factors Affecting the Financing Preference of Chinas Publicly Listed Companies with the Full Circulation of Shares

摘要：

As China is a developing country and its capital market is still underdeveloped, the financing structure of Chinese listed companies has a prominent characteristic-a preference for stock financing and a comparatively low proportion for debt financing. By The empirical approach connecting factor analysis with regression analysis, the thesis makes an empirical analysis of the influencing factors of the financing preference of the quantifiable listed companies, finds out the main reasons why Chinese listed companies prefer stock financing.

关键词： Financing preferences Factor Analysis Empirical Analysis

作者: SU Xinlong WANG Xia

作者单位: School of Management, Xiamen University, P.R.China, 361005 The 29th Research Institute of China Electronics Technology Group Corporation, 610036

会议类型: 国际会议

会议名称: The 5th International Sympsium for Corporate Governance(第五届公司治理国际研讨会)

会议地点: 天津

会议语种:英文

页码: 417-428

在线出版日期: 2009-09-01（万方平台首次上网日期，不代表论文的发表时间）