Replication Data for: A Study of Controlling Shareholders' Equity Pledge Rate Based on Dividend Policy and Barrier Option

The empirical analysis in this study utilizes a dataset specifically collected to model the relationship between equity pledge rates and various financial variables. The dataset includes detailed information on closing prices, volatility, and equity pledge rates for a sample of publicly listed companies. The data of this paper comes from the China Eastmoney Database. Volatility is calculated from closing prices. Dividend data are derived from distribution announcements by companies. Through rigorous empirical analysis, the results indicate a negative correlation between equity pledge rates and both loan maturity and volatility. This inverse relationship suggests that as the loan maturity or stock price volatility increases, the equity pledge rate tends to decrease. These findings are crucial for understanding the financial strategies of controlling shareholders and the risk management practices of lenders. The dataset's comprehensiveness and the methodology applied provide a solid foundation for these conclusions, offering valuable insights into the dynamics of equity pledges in financial markets.