Back
 OJS  Vol.1 No.2 , July 2011
Empirical Analysis of Impact of Conversion ofConvertible Bonds on Corporate Performance of Different Industries in China
Abstract: We apply the methods of principle component analysis (PCA) and Wilcoxon’s signed rank test (WSRT) to study influence of conversion of convertible bonds on corporate performance of different industries in China. In this paper, 33 convertible bonds that were issued by non-financial sectors from 2002 to 2009 in China with the convertible rate more than 50% within a year were selected as a research sample. In order to provide a reference for the parties concerned, the influence of conversion of convertible bonds on corporate performance in different industries was studied from the industrial properties point of review.
Cite this paper: nullH. Ding and X. Lu, "Empirical Analysis of Impact of Conversion ofConvertible Bonds on Corporate Performance of Different Industries in China," Open Journal of Statistics, Vol. 1 No. 2, 2011, pp. 110-114. doi: 10.4236/ojs.2011.12013.
References

[1]   H. Ding and J. Han, “Study on the Impact of Conversion of Bonds Convertible on Corporate Performance,” Accounting Monthly, No. 9, 2010, pp.23-26.

[2]   J. Wang, “Research on Convertible Behavior of Convertible Company Bonds,” Chinese Science and Tech- nology Information, No. 3, 2005, pp.19-22.

[3]   Q. P. Hu, “Convertible Bonds - Convertible Effect and Price,” ShiHeZi University Journals, No. 3, 2007, pp. 21-25.

[4]   X. F. Zhang and C. J. Liu, “Empirical Studies on the Company Performance Change Trend after Convertible Bonds Issued,” Shanghai Financial, No. 3, 2006, pp.7-10.

[5]   W. L. Zhang, “Principal Component Analysis Is Applied Using SPSS Software,” Market Research, No. 3, 2005, pp.31-34.

[6]   Wilcoxon, Frank. “Individual Comparisons by Ranking Methods,” Biometrics Bulletin, Vol. 1, No. 6, 1945, pp. 80-83. doi:10.2307/3001968

 
 
Top