Data of Chinese listed firms 2008 - 2018

Our study uses a database from the annual financial statements of listed firms on the Shanghai Stock Exchange to investigate the yearly volatility impact of the Shanghai Composite Index (SSEC)’s returns on corporate financing decisions, excluding financial firms covering 2008-2018. The daily stock price of the SSEC Index is downloaded from Thomson Reuters Eikon from January 2008 to December 2018. The research period selection can cover three terrible shocks in China stock market. The accounting reports are extracted from the Taiwan Economic Journal (TEJ) database.