Fiber listed companies financing preference and bond market law environment research

摘要

Influenced by factors which are mainly internal share structure, insider control, bond market, and security market in financing, fiber listed companies have financing preference to some extent. This paper put forward the countermeasures for the current preference on financing in fiber listed companies from four aspects, including regulating dividend distributions, developing corporation bond market, optimizing corporation governance structure and perfecting the law and market systems, so as to adjust and reorganize the share structure of fiber listed companies and to establish incentive system and alleviate the financing preference of fiber listed companies.