Does monetary policy affect the stock pledge of listed companies? Evidence from Chinese listed companies
Based on the financing motivation of equity pledges, this study explores whether and how monetary policy adjustment affects the stock pledge behaviour of listed companies. The empirical findings show that monetary policy adjustments significantly affect the stock pledge of listed companies; that is,...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Sciendo
2022-12-01
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Series: | Applied Mathematics and Nonlinear Sciences |
Subjects: | |
Online Access: | https://doi.org/10.2478/amns.2022.1.00031 |