Private placement is one of important equity financing instruments of public companies.
非公开发行是上市公司股权再融资的重要手段之一。
We find that the short-term performance of private placement equity is better than that of convertible bond issuing.
研究结果发现，在控制其他因素的条件下，定向增发新股的短期市场绩效显著好于可转换债券。
We find that the short-term performance of private placement equity is better than that of convertible bond issuing.
研究结果发现，在控制其他因素的条件下，定向增发新股的短期市场绩效显著好于可转换债券。
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