China Finance Review International: Volume 1 Issue 4

Ultimate ownership, institutions and listed companies' debt financing: Based on the perspective of controlling shareholders

Yu Honghai, Xu Longbing, Chen Baizhu

The purpose of this paper is to study the capital structure of firms when controlling shareholders decide on the level of debt financing in an environment with poor legal…

Studying on the monetary transmission mechanism in China in the presence of structural changes

Yang Fan, Teng Jianzhou

This paper aims to study the monetary transmission mechanism of China from January 1996 to December 2009 under endogenous structural breaks.

Limited attention and stock price drift following earnings announcements and 10‐K filings

Haifeng You, Xiao‐Jun Zhang

This study aims to examine whether limited attention leads to the market underreaction to earnings announcement and 10‐K filings.

The investor behavior and futures market volatility: A theory and empirical study based on the OLG model and high‐frequency data

Yun Wang, Renhai Hua, Zongcheng Zhang

The purpose of this paper is to examine whether the futures volatility could affect the investor behavior and what trading strategy different investors could adopt when they meet…

The effect mechanism of credit constraint on cycle's formation

Kunting Chen, Changbiao Zhong

This paper aims to study the formation and amplification mechanism of the financial crisis and business cycle and also discuss the related optimal rules for the central bank and…