Abidin, Sazali; Reddy, Krishna; Chen, Liehui - In: International Journal of Managerial Finance 8 (2012), pp. 304-331
Purpose – Since the initiation of the share split reform by the Chinese Securities Regulatory Commission (CSRC) in 2005, the private placement has become the major source of raising equity after IPO. The purpose of this paper is to investigate why listed firms in China prefer private...
