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Has shareholder background been priced? : evidence from the issuance of financial bonds by financial leasing companies
Chen, Xia; Wang, Lili; Zhu, Yinghuan; Shang, Yue - In: Finance research letters 56 (2023), pp. 1-8
Persistent link: https://www.econbiz.de/10014473704
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Has Sharedolder Background Been Priced?-Evidence from the Issurance of Financial Bonds by Financial Leasing Companies
Chen, Xia; Lili, wang; Zhu, Yinghuan; Shang, Yue - 2023
We analyze the influence of sponsors and major shareholders on the financing cost of financial leasing companies.Based on the natural experiment of financial leasing companies issuing financial bonds,We find the financing cost of financial leasing companies controlled by non-banks is...
Persistent link: https://www.econbiz.de/10014354865