Empirical Analysis of the Factors Affecting the Financing Preference of China's Publicly Listed Companies with the Full Circulation of Shares

摘要

As China is a developing country and its capital market is still underdeveloped, the financing structure of Chinese listed companies has a prominent characteristic-a preference for stock financing and a comparatively low proportion for debt financing. By The empirical approach connecting factor analysis with regression analysis, the thesis makes an empirical analysis of the influencing factors of the financing preference of the quantifiable listed companies, finds out the main reasons why Chinese listed companies prefer stock financing.