DocumentCode
3467926
Title
Effects of Stock Price Volatility on Listed Companies´ Financing
Author
Feng Yumei ; Wang Chunfeng ; Fang Zhenming
Author_Institution
Sch. of Banking & Finance, Shandong Finance Univ., Jinan
fYear
2008
fDate
12-14 Oct. 2008
Firstpage
1
Lastpage
4
Abstract
According to the new risk asset pricing theory, individual stock price volatility can increase investors´ required return, so it can affect the company´s cost of equity capital. This study investigates the effect of stock price volatility on listed companies´ financing behavior in China, and finds that the listed companies´ stock price volatility has obvious effect on its financing decision; and the stock price volatility has different effects on financing behavior of companies with different size.
Keywords
decision theory; investment; pricing; risk management; stock markets; company financial decision; investment return; risk asset pricing theory; stock price volatility; Banking; Costs; Databases; Economic indicators; Finance; Impulse testing; Portfolios; Pricing; Reactive power; Stock markets;
fLanguage
English
Publisher
ieee
Conference_Titel
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location
Dalian
Print_ISBN
978-1-4244-2107-7
Electronic_ISBN
978-1-4244-2108-4
Type
conf
DOI
10.1109/WiCom.2008.2357
Filename
4680546
Link To Document