Do private placements exacerbate the degree of asset mispricing? A study based on theories of information asymmetry and signaling

This paper considers data from China's A-share listed companies in Shanghai and Shenzhen from 2006 to 2021 to investigate how private placements affect asset mispricing. The findings from the empirical study demonstrate that private placements by listed companies substantially impact the level...

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Bibliographic Details
Main Authors: Changgui Li, Huan Yang, Jiayi Li, Chunhua Tao, Yan Zhong
Format: Article
Language:English
Published: Elsevier 2025-03-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845024001601
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