Here is the English translation of the provided text: Equity Refinancing of Listed Companies (Institute of Finance, Chinese Academy of Social Sciences · Bookhouse)

Author: Guan Zheng
Publisher:
Publish Date: 2006-03-01
Features: This book employs modern refinancing theory and corresponding empirical research methods to conduct a relatively comprehensive study on the "mystery" of equity refinancing for Chinese listed companies. First, it reviews and evaluates the theory of corporate refinancing, using the theories of information asymmetry, free cash flow, and timing windows to theoretically analyze and empirically test the preference for equity refinancing by listed companies. Second, it summarizes and evaluates theoretical research and relatively comprehensive empirical studies on the selection of equity refinancing methods for listed companies. Finally, it proposes corresponding policy recommendations.