Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
January 1, 2025EconomicsOpen Access

Wealth Effect of Asset Securitization in Real Estate and Infrastructure Sectors: Evidence from China

View Full Paper
Ask AI
Bookmark
Share

Authors

WKWenkai KongJHJuanjuan Huang

Discussion

Loading...

Member takes

Overview

Analysis shows asset securitization boosts wealth in non-state-owned enterprises, highlighting financial implications for these sectors.

Key Points

  • A positive wealth effect was observed for firms engaged in asset securitization, indicating enhanced value creation.
  • Data from 859 listed companies in China revealed significant benefits, particularly during financial tightening periods.
  • The analysis shows that asset securitization is often used for debt repayment, especially among firms facing financing constraints.
  • Findings suggest that policymakers can encourage development in real estate and infrastructure sectors through asset securitization.

Cite This Study

Kong et al. (2025) studied this question.

synapsesocial.com/papers/68af620aad7bf08b1eae3213https://doi.org/10.1515/econ-2025-0162
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Organizational identification, work engagement, and job satisfaction2015 · 367 citations
  2. 2Developing by borrowing? Inter-jurisdictional competition, land finance and local debt accumulation in China2016 · 295 citations
  3. 3Asset Sales, Investment Opportunities, and the Use of Proceeds2005 · 221 citations
  4. 4Financing Through Asset Sales2013 · 2 citations
  5. 5Divestitures, wealth effects and corporate governance2009 · 43 citations