Zhizhong, Huang; Xue, Qingmei - In: China journal of accounting research : CJAR 9 (2016) 2, pp. 137-152
split share reform in 2006, loan terms were based on the book value of the firm. Since then, the share price has become …, but these results are only found after the split share reform. Accordingly, our results provide more direct evidence on …