Institutional Analysis on the Evolution of Financial Asset Selection Behavior of Chinese Households

Study on Financing Choice and Performance of Convertible Bond of China's Listed Companies;

The relation of eight factors, financial leverage, growth opportunity, profitability, the largest block shareholder ratio, size of company, size of raising capital, industry factors and preference for financing choice, to convertible debt and SEO were tested by Logistic regression analysis.

For them, decision should be made among multiple financing options according to their life cycles and consideration of cost and risk of financing as well as optimization of capital structures.