Bond Issuance as Reputational Signal: Debunking the Negative Perception of Additional Liability
Bond Issuance as Reputational Signal: Debunking the Negative Perception of Additional Liability
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Publisher
Basel: MDPI AG
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Language
English
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Basel: MDPI AG
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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 financial authority permission process during bond is...
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Full title
Bond Issuance as Reputational Signal: Debunking the Negative Perception of Additional Liability
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TN_cdi_doaj_primary_oai_doaj_org_article_39d08df1c5664ba592d14421b957d265
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_doaj_primary_oai_doaj_org_article_39d08df1c5664ba592d14421b957d265
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ISSN
2227-7072
E-ISSN
2227-7072
DOI
10.3390/ijfs11040126
