Matches in SemOpenAlex for { <https://semopenalex.org/work/W2016816389> ?p ?o ?g. }
Showing items 1 to 79 of
79
with 100 items per page.
- W2016816389 abstract "Debt restructuring of listed companies is easy to cause risk of moral hazard and adverse selection. We choose all non-financial of A-share stocks which actually restructured debt in 2007-2009 as our samples. Through empirical research on financial situation before and after the restructuring and the motivations, we find that debt restructuring will improve corporate governance performance in the short term, while long-term effect is not significant. The main motivations of the reorganization are improving the financial position to reduce the debt burden, smoothing profits to manager earning and to avoid being delisted. In addition, we consider the market reaction of debt restructuring from the perspective of investors. Using the Fama-French three factor model to calculate the excess return rate yielded before and after the announcement, we find that debt restructuring announcement failed to maintain sustained rise in stock prices." @default.
- W2016816389 created "2016-06-24" @default.
- W2016816389 creator A5010550868 @default.
- W2016816389 creator A5011259485 @default.
- W2016816389 creator A5091269363 @default.
- W2016816389 date "2014-06-01" @default.
- W2016816389 modified "2023-10-16" @default.
- W2016816389 title "Research on governance and market effect of listing corporation debt restructuring: Based on the Angle of moral hazard" @default.
- W2016816389 cites W2125664626 @default.
- W2016816389 doi "https://doi.org/10.1109/icsssm.2014.6874081" @default.
- W2016816389 hasPublicationYear "2014" @default.
- W2016816389 type Work @default.
- W2016816389 sameAs 2016816389 @default.
- W2016816389 citedByCount "0" @default.
- W2016816389 crossrefType "proceedings-article" @default.
- W2016816389 hasAuthorship W2016816389A5010550868 @default.
- W2016816389 hasAuthorship W2016816389A5011259485 @default.
- W2016816389 hasAuthorship W2016816389A5091269363 @default.
- W2016816389 hasConcept C10138342 @default.
- W2016816389 hasConcept C120527767 @default.
- W2016816389 hasConcept C144133560 @default.
- W2016816389 hasConcept C151730666 @default.
- W2016816389 hasConcept C162324750 @default.
- W2016816389 hasConcept C17744445 @default.
- W2016816389 hasConcept C186229450 @default.
- W2016816389 hasConcept C199539241 @default.
- W2016816389 hasConcept C202189257 @default.
- W2016816389 hasConcept C2780014084 @default.
- W2016816389 hasConcept C2780202544 @default.
- W2016816389 hasConcept C2780299701 @default.
- W2016816389 hasConcept C2780762169 @default.
- W2016816389 hasConcept C29122968 @default.
- W2016816389 hasConcept C2994482091 @default.
- W2016816389 hasConcept C34447519 @default.
- W2016816389 hasConcept C39389867 @default.
- W2016816389 hasConcept C45237549 @default.
- W2016816389 hasConcept C556758197 @default.
- W2016816389 hasConcept C73283319 @default.
- W2016816389 hasConcept C86803240 @default.
- W2016816389 hasConcept C94625758 @default.
- W2016816389 hasConceptScore W2016816389C10138342 @default.
- W2016816389 hasConceptScore W2016816389C120527767 @default.
- W2016816389 hasConceptScore W2016816389C144133560 @default.
- W2016816389 hasConceptScore W2016816389C151730666 @default.
- W2016816389 hasConceptScore W2016816389C162324750 @default.
- W2016816389 hasConceptScore W2016816389C17744445 @default.
- W2016816389 hasConceptScore W2016816389C186229450 @default.
- W2016816389 hasConceptScore W2016816389C199539241 @default.
- W2016816389 hasConceptScore W2016816389C202189257 @default.
- W2016816389 hasConceptScore W2016816389C2780014084 @default.
- W2016816389 hasConceptScore W2016816389C2780202544 @default.
- W2016816389 hasConceptScore W2016816389C2780299701 @default.
- W2016816389 hasConceptScore W2016816389C2780762169 @default.
- W2016816389 hasConceptScore W2016816389C29122968 @default.
- W2016816389 hasConceptScore W2016816389C2994482091 @default.
- W2016816389 hasConceptScore W2016816389C34447519 @default.
- W2016816389 hasConceptScore W2016816389C39389867 @default.
- W2016816389 hasConceptScore W2016816389C45237549 @default.
- W2016816389 hasConceptScore W2016816389C556758197 @default.
- W2016816389 hasConceptScore W2016816389C73283319 @default.
- W2016816389 hasConceptScore W2016816389C86803240 @default.
- W2016816389 hasConceptScore W2016816389C94625758 @default.
- W2016816389 hasLocation W20168163891 @default.
- W2016816389 hasOpenAccess W2016816389 @default.
- W2016816389 hasPrimaryLocation W20168163891 @default.
- W2016816389 hasRelatedWork W1997718270 @default.
- W2016816389 hasRelatedWork W2385203925 @default.
- W2016816389 hasRelatedWork W2493762594 @default.
- W2016816389 hasRelatedWork W2900396679 @default.
- W2016816389 hasRelatedWork W2915855330 @default.
- W2016816389 hasRelatedWork W3125336057 @default.
- W2016816389 hasRelatedWork W3125556431 @default.
- W2016816389 hasRelatedWork W3139860979 @default.
- W2016816389 hasRelatedWork W390052431 @default.
- W2016816389 hasRelatedWork W4284990582 @default.
- W2016816389 isParatext "false" @default.
- W2016816389 isRetracted "false" @default.
- W2016816389 magId "2016816389" @default.
- W2016816389 workType "article" @default.