Investigation on law and economics of listed companies’ financing preference based on complex network theory

PLoS One

Hui Chang¹  Jian Yang¹  Shuying Bai¹  Zhao Qu² 

[1] Law School, Tianjin University, Tianjin, China;School of Foreign Languages and Literature, Tianjin University, Tianjin, China

关键词: Finance;    Supervisors;    Network analysis;    Regulations;    Community structure;    Decision making;    Taiwan;    Eigenvectors;   

DOI  :  10.1371/journal.pone.0173514

学科分类：医学（综合）

来源: Public Library of Science

【 摘 要 】

In this paper, complex network theory is used to make time-series analysis of key indicators of governance structure and financing data. We analyze scientific listed companies’ governance data from 2010 to 2014 and divide them into groups in accordance with the similarity they share. Then we select sample companies to analyze their financing data and explore the influence of governance structure on financing decision and the financing preference they display. This paper reviews relevant laws and regulations of financing from the perspective of law and economics, then proposes reasonable suggestions to consummate the law for the purpose of regulating listed companies’ financing. The research provides a reference for making qualitative analysis on companies’ financing.

【 授权许可】

CC BY