【摘 要】
：
Our research on private placement of equity on China capital market reveals that firms prefer to equity financing when their stock price is overvalued and inves
【机 构】
：
CentralUniversityofFinanceandEconomics
论文部分内容阅读
Our research on private placement of equity on China capital market reveals that firms prefer to equity financing when their stock price is overvalued and investor sentiment is high,following the market timing hypothesis.However,after private issuance,we
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