Research on the Equity Financing of Chinese Listed Companies Based on Behavioral Finance

被引：0

作者：

Zhao Xin-E ^{[1
]}

Li Qin ^{[1
]}

机构：

[1] Wuhan Univ Technol, Sch Management, Wuhan 430070, Peoples R China

来源：

PROCEEDINGS OF THE 5TH INTERNATIONAL CONFERENCE ON PRODUCT INNOVATION MANAGEMENT, VOLS I AND II | 2010年

关键词：

Listed companies; Equity financing; Behavioral finance; Market timing theory;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Equity financing has developed to a main method of financing in the market. This paper analyzes how the market timing theory of behavioral finance effects the listed companies' equity financing in China,and demonstrates the behavior of listed companies' equity financing from the perspective of inefficient market factors and irrational managers respectively; Then, from the standpoint of the government, to standardize the financing behavior of listed companies, we should promote managers' rational financing and investors' rational investing in stock market vigorously.

引用

页码：876 / 879

页数：4