Bond Issuance as Reputational Signal: Debunking the Negative Perception of Additional Liability
This paper examines the determinants of bond issuance in the Chinese market and the influence of capital structure—in particular direct debt finance—on firm performance and the cost of debt. The results reveal that institutional factors in the Chinese market, in particular the involvement of the fin...
| Main Authors: | , |
|---|---|
| פורמט: | Article |
| שפה: | English |
| יצא לאור: |
MDPI AG
2023-10-01
|
| סדרה: | International Journal of Financial Studies |
| נושאים: | |
| גישה מקוונת: | https://www.mdpi.com/2227-7072/11/4/126 |