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《Journal of Anhui University of Technology(Sociel Sciences)》 2005-04
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Preference Analysis of Stock Right Financing in Listed Companies

ZHANG Tie-sheng(School of Management,AHUT,Ma’anshan 243002,Anhui,China)  
Our listed companies show strong preference in stock right financing,which directly results from the diversion of the stock right financing cost from risk profits.The deep reason results from defects in system and policy.Because a series of negative effects have been brought by the preference of stock right financing,we should take effective measures to standardize and govern it.
【Fund】: 安徽省高校青年教师科研资助计划资助项目(2003jqw35)
【CateGory Index】: F275
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