Private placements of equity and accessibility of bank loans

This study investigates the changes in quantity and cost of bank loans after a private placement of common stocks by A-share listed companies in China from 2011 to 2021. This research is derived from the signaling theory and is based on a difference-in-difference design. Through propensity score mat...

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Bibliographic Details
Main Authors: Xin Song, Chao Liu, Zijie Ding, Chenchen Huang, Qiongyao Zhang
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2023-01-01
Series:PLoS ONE
Online Access:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10016703/?tool=EBI