The Research on External Financing Costs of National and Non National Firms Under Asymmetric Information

摘要：

This paper proposes that the external financing costs would be positively related with the level of information asymmetries theory empirical work and simulation. In the credit market,the non national firms play as the credit buff. In the real economy, the non national firms play as the financing accelerator.

关键词： External financing costs Asymmetric information Financing accelerator

作者: LIN Qingquan SUN Guoliang

作者单位: China Financial Policy Research Center, School of Finance, Renmin University of China, China Hanqing Advanced Institute of Economics and Finance, Renmin University of China, China

会议类型: 国际会议

会议名称: The Sixth International Symposium on Corporate Governance(第六届公司治理国际研讨会)

会议地点: 大连

会议语种:英文

页码: 42-47

在线出版日期: 2011-08-20（万方平台首次上网日期，不代表论文的发表时间）