Chen, Jiaqi; Lu, Xiuwen; Wang, Xiongzhi - In: International Journal of Financial Studies : open … 13 (2025) 4, pp. 1-19
Convertible bond financing has gained significant traction in China's capital market, yet it poses financial risks, particularly for highly leveraged firms. This study investigates how corporate financial traits influence the decision to issue convertible bonds, challenging the direct...