An Analysis of the Factors Affecting Debt Financing Structure-Empirical Evidence from Chinese Listed Companies

被引:0
|
作者
Bo, Yan [1 ]
机构
[1] Jinan Univ, Sch Management, Guangzhou 510632, Guangdong, Peoples R China
关键词
debt financing; debt maturity structure; influencing factors;
D O I
暂无
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
This paper explores the factors affecting the Chinese listed companies debt financing and examines them using the data of Chinese listed companies. The evidence suggests that company size, the company's growth opportunities, the fixed asset ratio and free cash flow have a significant impact both on the company's maturity structure of debt financing and the type and source of it. It provides the basis for corporate to arrange the debt covenants and select financing structure reasonably.
引用
收藏
页码:931 / 936
页数:6
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